Dorsey Wright & Associates Sells 522 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Dorsey Wright & Associates lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.6% during the 4th quarter, Holdings Channel reports. The firm owned 32,148 shares of the company’s stock after selling 522 shares during the period. Dorsey Wright & Associates’ holdings in iShares S&P 500 Growth ETF were worth $3,264,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. bought a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $28,000. BankPlus Trust Department bought a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth $36,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $40,000. Compass Financial Services Inc acquired a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $40,000. Finally, Bellevue Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at about $42,000.

iShares S&P 500 Growth ETF Trading Down 2.4 %

Shares of IVW opened at $92.55 on Friday. The stock has a market cap of $50.94 billion, a P/E ratio of 30.22 and a beta of 1.08. The stock’s 50-day moving average price is $100.81 and its two-hundred day moving average price is $99.86. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year high of $107.14.

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.