Asset Management One Co. Ltd. Cuts Stake in iShares S&P 500 Growth ETF $IVW

Asset Management One Co. Ltd. trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 28.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 79,000 shares of the company’s stock after selling 31,500 shares during the quarter. Asset Management One Co. Ltd.’s holdings in iShares S&P 500 Growth ETF were worth $9,825,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IVW. Davis Capital Management purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $28,000. Decker Retirement Planning Inc. purchased a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at about $28,000. Turning Point Benefit Group Inc. purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at about $30,000. Finally, Howe & Rusling Inc. lifted its stake in iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after acquiring an additional 213 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $126.84 on Wednesday. The stock has a market capitalization of $68.41 billion, a P/E ratio of 33.33 and a beta of 1.15. The company’s 50-day simple moving average is $118.85 and its two-hundred day simple moving average is $121.39. iShares S&P 500 Growth ETF has a 52-week low of $86.74 and a 52-week high of $128.68.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.