Carret Asset Management LLC Sells 407 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Carret Asset Management LLC trimmed its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.0% during the fourth quarter, HoldingsChannel reports. The firm owned 39,206 shares of the company’s stock after selling 407 shares during the quarter. Carret Asset Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in IVW. Nicolet Advisory Services LLC raised its stake in shares of iShares S&P 500 Growth ETF by 2.0% in the third quarter. Nicolet Advisory Services LLC now owns 7,575 shares of the company’s stock worth $518,000 after buying an additional 152 shares during the period. Gallagher Fiduciary Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 4.5% during the 3rd quarter. Gallagher Fiduciary Advisors LLC now owns 3,526 shares of the company’s stock valued at $241,000 after buying an additional 153 shares in the last quarter. Allen Capital Group LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Allen Capital Group LLC now owns 3,421 shares of the company’s stock worth $257,000 after purchasing an additional 155 shares during the period. Lake Street Financial LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 4.6% in the 3rd quarter. Lake Street Financial LLC now owns 3,710 shares of the company’s stock worth $255,000 after purchasing an additional 163 shares during the period. Finally, Baron Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 0.6% in the 4th quarter. Baron Wealth Management LLC now owns 31,276 shares of the company’s stock worth $2,349,000 after purchasing an additional 173 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW traded up $0.01 on Wednesday, reaching $81.41. 2,306,321 shares of the stock traded hands, compared to its average volume of 3,642,422. The company has a fifty day moving average price of $83.01 and a 200-day moving average price of $76.88. The company has a market cap of $42.72 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10. iShares S&P 500 Growth ETF has a 12 month low of $63.10 and a 12 month high of $85.56.

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.