Willis Johnson & Associates Inc. Lowers Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Willis Johnson & Associates Inc. cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 140,484 shares of the company’s stock after selling 14,943 shares during the period. iShares S&P 500 Growth ETF accounts for 1.0% of Willis Johnson & Associates Inc.’s holdings, making the stock its 22nd biggest position. Willis Johnson & Associates Inc.’s holdings in iShares S&P 500 Growth ETF were worth $11,862,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IVW. CWM LLC lifted its holdings in iShares S&P 500 Growth ETF by 57.0% during the first quarter. CWM LLC now owns 4,419,212 shares of the company’s stock valued at $373,158,000 after purchasing an additional 1,604,659 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in iShares S&P 500 Growth ETF by 145.0% during the first quarter. Park Avenue Securities LLC now owns 2,649,963 shares of the company’s stock valued at $223,763,000 after purchasing an additional 1,568,156 shares in the last quarter. Morgan Stanley lifted its holdings in iShares S&P 500 Growth ETF by 5.5% during the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock valued at $2,010,078,000 after purchasing an additional 1,542,503 shares in the last quarter. Midland Wealth Advisors LLC purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at $100,134,000. Finally, Comerica Bank purchased a new position in iShares S&P 500 Growth ETF during the third quarter valued at $75,684,000.

iShares S&P 500 Growth ETF Trading Up 0.9 %

IVW traded up $0.83 during midday trading on Thursday, hitting $94.85. 1,653,765 shares of the company traded hands, compared to its average volume of 3,364,259. The company has a market capitalization of $49.69 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $94.90. The business has a 50 day simple moving average of $88.07 and a two-hundred day simple moving average of $82.96.

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.