Tranquility Partners LLC Trims Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Tranquility Partners LLC reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 27.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,760 shares of the company’s stock after selling 1,029 shares during the quarter. Tranquility Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $207,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Financial Connections Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth about $28,000. Goodwin Investment Advisory bought a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $29,000. Russell Investments Group Ltd. purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $30,000. Life Planning Partners Inc purchased a new stake in iShares S&P 500 Growth ETF in the 4th quarter worth approximately $32,000. Finally, Howe & Rusling Inc. grew its holdings in iShares S&P 500 Growth ETF by 1,137.2% during the 3rd quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock valued at $36,000 after buying an additional 489 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.0 %

Shares of IVW stock traded up $0.04 on Thursday, reaching $81.64. The company’s stock had a trading volume of 277,015 shares, compared to its average volume of 3,677,356. The company has a market capitalization of $42.84 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10. The stock’s fifty day simple moving average is $83.08 and its 200-day simple moving average is $76.49. iShares S&P 500 Growth ETF has a 1 year low of $63.10 and a 1 year high of $85.56.

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.