Cahaba Wealth Management Inc. Has $5.30 Million Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cahaba Wealth Management Inc. trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 11.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 70,508 shares of the company’s stock after selling 8,979 shares during the period. iShares S&P 500 Growth ETF accounts for about 0.5% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 21st largest holding. Cahaba Wealth Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $5,295,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Patten & Patten Inc. TN acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $209,000. StoneCrest Wealth Management Inc. bought a new position in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $2,498,000. Ascent Wealth Partners LLC lifted its position in shares of iShares S&P 500 Growth ETF by 2.8% in the 4th quarter. Ascent Wealth Partners LLC now owns 66,522 shares of the company’s stock worth $4,996,000 after purchasing an additional 1,830 shares during the period. JB Capital LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 4.9% in the 4th quarter. JB Capital LLC now owns 300,695 shares of the company’s stock valued at $22,582,000 after purchasing an additional 14,055 shares during the last quarter. Finally, Southern Capital Advisors LLC boosted its position in iShares S&P 500 Growth ETF by 17.8% during the fourth quarter. Southern Capital Advisors LLC now owns 35,081 shares of the company’s stock valued at $2,635,000 after acquiring an additional 5,312 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.6 %

NYSEARCA IVW traded down $0.54 on Tuesday, hitting $84.03. 2,490,280 shares of the company were exchanged, compared to its average volume of 3,795,828. The stock has a fifty day moving average of $81.99 and a 200-day moving average of $75.33. iShares S&P 500 Growth ETF has a 12 month low of $63.10 and a 12 month high of $85.56. The company has a market cap of $41.17 billion, a PE ratio of 22.15 and a beta of 1.05.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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