Carnegie Investment Counsel Sells 5,037 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Carnegie Investment Counsel reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 32,209 shares of the company’s stock after selling 5,037 shares during the quarter. Carnegie Investment Counsel’s holdings in iShares S&P 500 Growth ETF were worth $3,270,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in iShares S&P 500 Growth ETF by 1.7% during the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after buying an additional 255,991 shares during the last quarter. Stifel Financial Corp raised its holdings in iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after buying an additional 22,565 shares during the last quarter. Ameriprise Financial Inc. increased its position in iShares S&P 500 Growth ETF by 6.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after purchasing an additional 467,356 shares during the period. PNC Financial Services Group Inc. increased its position in iShares S&P 500 Growth ETF by 2.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after purchasing an additional 134,169 shares during the period. Finally, Park Avenue Securities LLC increased its position in iShares S&P 500 Growth ETF by 0.4% during the 4th quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock valued at $387,595,000 after purchasing an additional 15,623 shares during the period.

iShares S&P 500 Growth ETF Trading Up 1.3 %

Shares of iShares S&P 500 Growth ETF stock opened at $103.83 on Friday. The company’s fifty day simple moving average is $102.10 and its two-hundred day simple moving average is $96.62. The company has a market cap of $54.40 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $75.62 and a 12-month high of $105.64.

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.