Sugar Maple Asset Management LLC Lowers Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sugar Maple Asset Management LLC reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,986 shares of the company’s stock after selling 311 shares during the quarter. Sugar Maple Asset Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Davis Capital Management grew its position in iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after acquiring an additional 181 shares during the last quarter. Element Wealth LLC grew its position in iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after acquiring an additional 137 shares during the last quarter. Valued Wealth Advisors LLC grew its position in iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after acquiring an additional 370 shares during the last quarter. Copley Financial Group Inc. bought a new position in iShares S&P 500 Growth ETF during the third quarter valued at approximately $64,000. Finally, ORG Wealth Partners LLC bought a new position in iShares S&P 500 Growth ETF during the third quarter valued at approximately $66,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $103.83 on Tuesday. iShares S&P 500 Growth ETF has a 52-week low of $75.62 and a 52-week high of $105.64. The stock has a market capitalization of $54.40 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company’s 50 day moving average price is $102.15 and its 200-day moving average price is $96.72.

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.