XML Financial LLC Reduces Stock Holdings in iShares S&P 500 Growth ETF $IVW

XML Financial LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 23.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,434 shares of the company’s stock after selling 10,935 shares during the period. XML Financial LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,491,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Decker Retirement Planning Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $28,000. Turning Point Benefit Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Darwin Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $30,000. Howe & Rusling Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the period. Finally, Entrust Financial LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $33,000.

iShares S&P 500 Growth ETF Stock Down 3.8%

Shares of NYSEARCA:IVW opened at $134.60 on Friday. The firm’s 50 day moving average price is $129.14 and its 200 day moving average price is $124.23. The stock has a market cap of $72.95 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a fifty-two week low of $104.21 and a fifty-two week high of $141.98.

iShares S&P 500 Growth ETF 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.