Acas LLC Sells 2,352 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Acas LLC lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 71,867 shares of the company’s stock after selling 2,352 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 6.1% of Acas LLC’s portfolio, making the stock its 2nd largest holding. Acas LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,397,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nicolet Advisory Services LLC increased its position in shares of iShares S&P 500 Growth ETF by 2.0% during the 3rd quarter. Nicolet Advisory Services LLC now owns 7,575 shares of the company’s stock worth $518,000 after purchasing an additional 152 shares in the last quarter. Gallagher Fiduciary Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 4.5% during the third quarter. Gallagher Fiduciary Advisors LLC now owns 3,526 shares of the company’s stock worth $241,000 after buying an additional 153 shares in the last quarter. Allen Capital Group LLC raised its stake in shares of iShares S&P 500 Growth ETF by 4.7% in the fourth quarter. Allen Capital Group LLC now owns 3,421 shares of the company’s stock valued at $257,000 after acquiring an additional 155 shares during the last quarter. Lake Street Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 4.6% in the third quarter. Lake Street Financial LLC now owns 3,710 shares of the company’s stock valued at $255,000 after acquiring an additional 163 shares during the last quarter. Finally, Baron Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 0.6% in the 4th quarter. Baron Wealth Management LLC now owns 31,276 shares of the company’s stock worth $2,349,000 after acquiring an additional 173 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.5 %

IVW stock traded down $1.24 during midday trading on Thursday, reaching $80.17. 507,956 shares of the company’s stock traded hands, compared to its average volume of 3,601,066. The company has a 50-day simple moving average of $83.01 and a two-hundred day simple moving average of $76.91. 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 market cap of $41.86 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12.

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.