First Citizens Bank & Trust Co. Lowers Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

First Citizens Bank & Trust Co. trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,007 shares of the company’s stock after selling 171 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares S&P 500 Growth ETF were worth $1,277,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Russell Investments Group Ltd. purchased a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $30,000. Life Planning Partners Inc purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $32,000. Howe & Rusling Inc. grew its position in shares of iShares S&P 500 Growth ETF by 1,137.2% in the 3rd quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock valued at $36,000 after buying an additional 489 shares during the last quarter. Chilton Capital Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at $37,000. Finally, Capital Investment Counsel Inc purchased a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at $42,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $84.03 on Wednesday. The firm’s fifty day moving average price is $81.99 and its 200 day moving average price is $75.33. The company has a market capitalization of $41.17 billion, a price-to-earnings ratio of 22.15 and a beta of 1.05. 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

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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