iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Birch Hill Investment Advisors LLC

Birch Hill Investment Advisors LLC cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,950 shares of the company’s stock after selling 181 shares during the quarter. Birch Hill Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $706,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of IVW. LPL Financial LLC grew its position in shares of 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 acquiring an additional 255,991 shares during the period. Stifel Financial Corp grew its position in shares of iShares S&P 500 Growth ETF by 0.3% in the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after purchasing an additional 22,565 shares during the period. PNC Financial Services Group Inc. grew its position in shares of iShares S&P 500 Growth ETF by 2.6% in the third 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. Park Avenue Securities LLC increased its stake in shares of iShares S&P 500 Growth ETF by 0.4% during the fourth quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock worth $387,595,000 after purchasing an additional 15,623 shares in the last quarter. Finally, Huntington National Bank lifted its stake in iShares S&P 500 Growth ETF by 0.3% in the 3rd quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock valued at $245,126,000 after buying an additional 7,447 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.9 %

NYSEARCA:IVW opened at $104.75 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The firm has a market cap of $54.88 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock has a 50 day moving average of $103.56 and a two-hundred day moving average of $97.71.

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.