First Citizens Bank & Trust Co. Sells 467 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

First Citizens Bank & Trust Co. reduced its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.8% in the 4th quarter, Holdings Channel reports. The fund owned 25,173 shares of the company’s stock after selling 467 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares S&P 500 Growth ETF were worth $2,556,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Davis Capital Management grew its holdings in shares of iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after buying an additional 181 shares in the last quarter. Element Wealth LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after buying an additional 137 shares in the last quarter. Valued Wealth Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after buying an additional 370 shares in the last quarter. Copley Financial Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth about $64,000. Finally, ORG Wealth Partners LLC bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth about $66,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $106.26 on Monday. The stock has a 50-day simple moving average of $102.67 and a 200 day simple moving average of $97.06. iShares S&P 500 Growth ETF has a 52-week low of $77.20 and a 52-week high of $107.14. The company has a market cap of $55.67 billion, a PE ratio of 28.52 and a beta of 1.14.

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.