iShares S&P 500 Growth ETF (NYSEARCA:IVW – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,286,886 shares, a decrease of 42.1% from the April 30th total of 2,223,081 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 2,053,008 shares, the days-to-cover ratio is presently 0.6 days.
iShares S&P 500 Growth ETF Trading Down 0.0%
Shares of IVW stock traded down $0.03 on Thursday, reaching $139.97. The company’s stock had a trading volume of 884,325 shares, compared to its average volume of 4,136,367. The stock’s fifty day simple moving average is $128.24 and its 200-day simple moving average is $124.03. iShares S&P 500 Growth ETF has a 1 year low of $104.02 and a 1 year high of $141.98. The company has a market capitalization of $75.86 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.
Institutional Trading of iShares S&P 500 Growth ETF
Several hedge funds have recently made changes to their positions in the business. Atria Investments Inc boosted its position in shares of iShares S&P 500 Growth ETF by 4.6% during the third quarter. Atria Investments Inc now owns 457,419 shares of the company’s stock valued at $55,220,000 after buying an additional 19,917 shares during the period. Brookstone Capital Management lifted its stake in shares of iShares S&P 500 Growth ETF by 5.7% during the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $29,233,000 after acquiring an additional 12,778 shares during the last quarter. Ameritas Advisory Services LLC boosted its holdings in iShares S&P 500 Growth ETF by 40.5% during the 3rd quarter. Ameritas Advisory Services LLC now owns 97,539 shares of the company’s stock valued at $11,775,000 after acquiring an additional 28,137 shares during the period. Capital Advantage Inc. grew its position in iShares S&P 500 Growth ETF by 40.9% in the 4th quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock valued at $3,143,000 after acquiring an additional 7,396 shares during the last quarter. Finally, Embree Financial Group grew its position in iShares S&P 500 Growth ETF by 61.2% in the 4th quarter. Embree Financial Group now owns 61,699 shares of the company’s stock valued at $7,605,000 after acquiring an additional 23,416 shares during the last quarter.
iShares S&P 500 Growth ETF Company Profile
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.
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