Bouvel Investment Partners LLC Lowers Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Bouvel Investment Partners LLC lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,501 shares of the company’s stock after selling 373 shares during the period. iShares S&P 500 Growth ETF makes up 1.4% of Bouvel Investment Partners LLC’s investment portfolio, making the stock its 28th largest position. Bouvel Investment Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,251,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IVW. Financial Connections Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $28,000. Goodwin Investment Advisory purchased a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $29,000. Life Planning Partners Inc acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth about $32,000. Northwest Financial Advisors purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at about $38,000. Finally, Ruedi Wealth Management Inc. grew its position in iShares S&P 500 Growth ETF by 1,361.4% in the 4th quarter. Ruedi Wealth Management Inc. now owns 643 shares of the company’s stock valued at $48,000 after acquiring an additional 599 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $93.50 on Friday. The stock has a market capitalization of $48.98 billion, a PE ratio of 28.52 and a beta of 1.14. The company’s 50-day simple moving average is $86.78 and its 200-day simple moving average is $82.27. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $93.81.

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.