Pinion Investment Advisors LLC Sells 4,727 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Pinion Investment Advisors LLC cut its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 35.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,548 shares of the company’s stock after selling 4,727 shares during the quarter. Pinion Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $868,000 at the end of the most recent reporting period.

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

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $98.60 on Tuesday. 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 business’s 50-day simple moving average is $103.73 and its two-hundred day simple moving average is $99.51. The company has a market cap of $55.02 billion, a PE ratio of 33.87 and a beta of 1.07.

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.