Acas LLC Has $6.93 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Acas LLC reduced its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% during the fourth quarter, Holdings Channel reports. The firm owned 66,063 shares of the company’s stock after selling 720 shares during the period. iShares S&P 500 Growth ETF makes up 5.2% of Acas LLC’s portfolio, making the stock its 5th largest holding. Acas LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in IVW. Raymond James Financial Inc. purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at about $456,880,000. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $82,464,000. Arvest Bank Trust Division acquired a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $56,971,000. Strategic Financial Concepts LLC grew its position in iShares S&P 500 Growth ETF by 10,066.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after purchasing an additional 421,703 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its position in iShares S&P 500 Growth ETF by 29.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after purchasing an additional 324,178 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 2.9 %

IVW opened at $96.22 on Friday. The firm has a market capitalization of $53.69 billion, a P/E ratio of 33.87 and a beta of 1.07. The stock has a fifty day moving average of $103.28 and a 200-day moving average of $99.52. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14.

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.