iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 37.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,712 shares of the company’s stock after selling 3,980 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $567,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Financial Connections Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $28,000. Goodwin Investment Advisory purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $29,000. Life Planning Partners Inc purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $32,000. Northwest Financial Advisors purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at about $38,000. Finally, Ruedi Wealth Management Inc. boosted its holdings in iShares S&P 500 Growth ETF by 1,361.4% during the 4th quarter. Ruedi Wealth Management Inc. now owns 643 shares of the company’s stock valued at $48,000 after acquiring an additional 599 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $92.65 on Friday. The business has a 50-day moving average of $86.00 and a 200 day moving average of $81.66. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $93.81. The stock has a market capitalization of $48.54 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF Company 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.