Bessemer Group Inc. Sells 7,113 Shares of iShares S&P 500 Growth ETF $IVW

Bessemer Group Inc. lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 22.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,588 shares of the company’s stock after selling 7,113 shares during the period. Bessemer Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Brookstone Capital Management boosted its stake in iShares S&P 500 Growth ETF by 5.7% in the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $29,233,000 after purchasing an additional 12,778 shares in the last quarter. Chatterton & Associates Inc. increased its stake in iShares S&P 500 Growth ETF by 33.5% during the 1st quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock valued at $5,306,000 after purchasing an additional 11,089 shares in the last quarter. Embree Financial Group raised its holdings in shares of iShares S&P 500 Growth ETF by 61.2% in the fourth quarter. Embree Financial Group now owns 61,699 shares of the company’s stock worth $7,605,000 after buying an additional 23,416 shares during the last quarter. Silver Oak Securities Incorporated raised its holdings in shares of iShares S&P 500 Growth ETF by 270.9% in the fourth quarter. Silver Oak Securities Incorporated now owns 49,336 shares of the company’s stock worth $6,126,000 after buying an additional 36,033 shares during the last quarter. Finally, Summit Financial Consulting LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 9.4% during the fourth quarter. Summit Financial Consulting LLC now owns 60,751 shares of the company’s stock worth $7,488,000 after buying an additional 5,199 shares during the period.

iShares S&P 500 Growth ETF Trading Up 1.2%

NYSEARCA:IVW opened at $136.34 on Wednesday. The company has a market capitalization of $74.43 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $141.98. The firm has a fifty day simple moving average of $136.66 and a 200-day simple moving average of $127.22.

About iShares S&P 500 Growth ETF

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.