iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 117,152 shares of the company’s stock after selling 5,014 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares S&P 500 Growth ETF were worth $11,894,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of IVW. D Orazio & Associates Inc. bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at about $262,000. Advisors Preferred LLC acquired a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at about $822,000. Kingsview Wealth Management LLC boosted its position in shares of iShares S&P 500 Growth ETF by 5.2% during the 4th quarter. Kingsview Wealth Management LLC now owns 28,022 shares of the company’s stock valued at $2,845,000 after purchasing an additional 1,380 shares in the last quarter. Apollon Wealth Management LLC grew its stake in shares of iShares S&P 500 Growth ETF by 22.5% in the 4th quarter. Apollon Wealth Management LLC now owns 151,432 shares of the company’s stock worth $15,375,000 after purchasing an additional 27,829 shares during the last quarter. Finally, MWA Asset Management raised its holdings in shares of iShares S&P 500 Growth ETF by 36.2% in the 4th quarter. MWA Asset Management now owns 3,081 shares of the company’s stock worth $313,000 after purchasing an additional 819 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $104.75 on Friday. The stock has a market capitalization of $54.88 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14. The company has a 50 day moving average price of $103.56 and a 200 day moving average price of $97.71.

iShares S&P 500 Growth ETF Company Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.