Greenleaf Trust Sells 21,989 Shares of iShares S&P 500 Growth ETF $IVW

Greenleaf Trust lowered its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 316,812 shares of the company’s stock after selling 21,989 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 0.4% of Greenleaf Trust’s investment portfolio, making the stock its 25th biggest holding. Greenleaf Trust owned approximately 0.06% of iShares S&P 500 Growth ETF worth $39,050,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in IVW. Davis Capital Management bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth approximately $28,000. Turning Point Benefit Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth approximately $28,000. Darwin Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth approximately $30,000. Howe & Rusling Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 484.1% during the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares during the period. Finally, Carolina Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth approximately $36,000.

iShares S&P 500 Growth ETF Trading Up 0.5%

Shares of NYSEARCA IVW opened at $115.73 on Wednesday. The firm has a market cap of $62.40 billion, a P/E ratio of 33.33 and a beta of 1.13. iShares S&P 500 Growth ETF has a 1-year low of $81.64 and a 1-year high of $126.61. The business’s 50 day moving average is $118.50 and its 200-day moving average is $121.13.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.