Quadrant Capital Group LLC Sells 4,303 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Quadrant Capital Group LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 19.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,171 shares of the company’s stock after selling 4,303 shares during the period. Quadrant Capital Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,845,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IVW. Raymond James Financial Inc. purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $456,880,000. Wealthfront Advisers LLC purchased a new position in iShares S&P 500 Growth ETF in the 4th quarter worth about $350,009,000. LPL Financial LLC lifted its holdings in iShares S&P 500 Growth ETF by 14.4% during the 4th quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock valued at $1,821,488,000 after buying an additional 2,257,493 shares in the last quarter. Wells Fargo & Company MN boosted its position in iShares S&P 500 Growth ETF by 6.4% in the 4th quarter. Wells Fargo & Company MN now owns 16,602,697 shares of the company’s stock valued at $1,685,672,000 after buying an additional 999,882 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in iShares S&P 500 Growth ETF by 1.7% in the 4th quarter. JPMorgan Chase & Co. now owns 44,878,487 shares of the company’s stock worth $4,556,513,000 after acquiring an additional 764,970 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $83.65 on Friday. The company has a market capitalization of $46.05 billion, a PE ratio of 30.22 and a beta of 1.08. The company has a 50 day moving average price of $99.33 and a 200-day moving average price of $99.79. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14.

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.