Farmers & Merchants Investments Inc. Has $10.84 Million Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Farmers & Merchants Investments Inc. lessened its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 116,810 shares of the company’s stock after selling 342 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares S&P 500 Growth ETF were worth $10,843,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Advyzon Investment Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth $420,000. Inlight Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $211,000. Amundi increased its position in shares of iShares S&P 500 Growth ETF by 464.0% during the fourth quarter. Amundi now owns 13,711 shares of the company’s stock worth $1,392,000 after acquiring an additional 11,280 shares in the last quarter. Stage Harbor Financial LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $207,000. Finally, Theory Financial LLC increased its position in shares of iShares S&P 500 Growth ETF by 1.2% during the fourth quarter. Theory Financial LLC now owns 46,595 shares of the company’s stock worth $4,731,000 after acquiring an additional 565 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.2%

Shares of IVW stock opened at $105.10 on Friday. The firm has a fifty day moving average of $98.05 and a 200-day moving average of $99.81. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $107.14. The company has a market capitalization of $56.69 billion, a price-to-earnings ratio of 29.66 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.