JMG Financial Group Ltd. Has $771,000 Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

JMG Financial Group Ltd. trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 68.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,263 shares of the company’s stock after selling 21,942 shares during the quarter. JMG Financial Group Ltd.’s holdings in iShares S&P 500 Growth ETF were worth $771,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of iShares S&P 500 Growth ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock worth $2,967,216,000 after purchasing an additional 229,932 shares in the last quarter. Morgan Stanley increased its position in shares of iShares S&P 500 Growth ETF by 5.5% during the 3rd quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after purchasing an additional 1,542,503 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares S&P 500 Growth ETF by 54.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after purchasing an additional 7,681,845 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares S&P 500 Growth ETF by 0.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock worth $1,229,814,000 after purchasing an additional 138,408 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of iShares S&P 500 Growth ETF by 8.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock worth $619,206,000 after purchasing an additional 682,586 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW traded down $1.50 during midday trading on Thursday, hitting $79.91. The company had a trading volume of 188,689 shares, compared to its average volume of 3,599,244. The company has a market capitalization of $41.73 billion, a PE ratio of 27.41 and a beta of 1.12. iShares S&P 500 Growth ETF has a twelve month low of $63.10 and a twelve month high of $85.56. The firm’s 50-day simple moving average is $83.01 and its 200-day simple moving average is $76.91.

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.