Charles Schwab Investment Management Inc. Trims Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Charles Schwab Investment Management Inc. lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 20.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 442,562 shares of the company’s stock after selling 116,961 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.08% of iShares S&P 500 Growth ETF worth $44,933,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. BankPlus Trust Department bought a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $36,000. Hantz Financial Services Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $40,000. Compass Financial Services Inc bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $40,000. POM Investment Strategies LLC raised its stake in shares of iShares S&P 500 Growth ETF by 194.8% during the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock worth $46,000 after acquiring an additional 302 shares in the last quarter. Finally, Copley Financial Group Inc. purchased a new stake in iShares S&P 500 Growth ETF during the third quarter valued at approximately $64,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $94.82 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14. The company has a market cap of $52.36 billion, a PE ratio of 30.05 and a beta of 1.08. The business has a 50-day simple moving average of $102.27 and a two-hundred day simple moving average of $99.54.

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.