Kwmg LLC Reduces Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kwmg LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 274,833 shares of the company’s stock after selling 3,158 shares during the period. iShares S&P 500 Growth ETF comprises 2.5% of Kwmg LLC’s portfolio, making the stock its 9th biggest position. Kwmg LLC owned 0.05% of iShares S&P 500 Growth ETF worth $23,207,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Schoolcraft Capital LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 4.8% in the first quarter. Schoolcraft Capital LLC now owns 4,812 shares of the company’s stock valued at $406,000 after acquiring an additional 221 shares in the last quarter. Hoxton Planning & Management LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 160.9% in the 1st quarter. Hoxton Planning & Management LLC now owns 37,896 shares of the company’s stock valued at $3,200,000 after purchasing an additional 23,369 shares in the last quarter. Columbus Macro LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter worth approximately $204,000. Inspirion Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 0.9% during the first quarter. Inspirion Wealth Advisors LLC now owns 16,090 shares of the company’s stock valued at $1,359,000 after purchasing an additional 140 shares in the last quarter. Finally, Retirement Planning Group LLC increased its holdings in iShares S&P 500 Growth ETF by 9.5% during the first quarter. Retirement Planning Group LLC now owns 67,543 shares of the company’s stock valued at $5,703,000 after buying an additional 5,882 shares during the period.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW traded up $0.23 during midday trading on Wednesday, hitting $92.75. 2,206,098 shares of the company traded hands, compared to its average volume of 3,412,812. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $93.81. The company’s 50-day simple moving average is $86.55 and its 200-day simple moving average is $82.20. The company has a market cap of $48.59 billion, a PE ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF 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.