Tiemann Investment Advisors LLC Decreases Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Tiemann Investment Advisors LLC reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,585 shares of the company’s stock after selling 537 shares during the period. Tiemann Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,379,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. BankPlus Trust Department bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $36,000. Hantz Financial Services Inc. purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $40,000. Compass Financial Services Inc purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $40,000. Bellevue Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at $42,000. Finally, POM Investment Strategies LLC lifted its position in shares of iShares S&P 500 Growth ETF by 194.8% in the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock worth $46,000 after purchasing an additional 302 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.3 %

Shares of IVW opened at $96.55 on Monday. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14. The firm has a market capitalization of $53.31 billion, a price-to-earnings ratio of 30.05 and a beta of 1.08. The firm’s 50-day moving average price is $103.14 and its 200-day moving average price is $99.62.

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.