Cahaba Wealth Management Inc. Has $5.30 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cahaba Wealth Management Inc. cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 11.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 70,508 shares of the company’s stock after selling 8,979 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 0.5% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 21st largest holding. Cahaba Wealth Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $5,295,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC grew its position in iShares S&P 500 Growth ETF by 111,454.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 552,700,957 shares of the company’s stock valued at $32,333,006,000 after purchasing an additional 552,205,503 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 54.8% in the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after acquiring an additional 7,681,845 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 35.1% during the third quarter. LPL Financial LLC now owns 7,697,945 shares of the company’s stock worth $526,693,000 after acquiring an additional 1,998,078 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares S&P 500 Growth ETF during the third quarter valued at $133,439,000. Finally, Morgan Stanley boosted its position in iShares S&P 500 Growth ETF by 5.5% during the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock valued at $2,010,078,000 after purchasing an additional 1,542,503 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.6 %

IVW stock traded down $0.54 during mid-day trading on Tuesday, hitting $84.03. The stock had a trading volume of 2,490,280 shares, compared to its average volume of 3,795,828. iShares S&P 500 Growth ETF has a 1-year low of $63.10 and a 1-year high of $85.56. The company has a fifty day moving average of $81.99 and a 200 day moving average of $75.33. The stock has a market capitalization of $41.17 billion, a price-to-earnings ratio of 22.15 and a beta of 1.05.

About iShares S&P 500 Growth ETF

(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

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

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