Stordahl Capital Management Inc. Sells 1,783 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Stordahl Capital Management Inc. trimmed its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.3% in the first quarter, Holdings Channel.com reports. The fund owned 51,814 shares of the company’s stock after selling 1,783 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 1.1% of Stordahl Capital Management Inc.’s investment portfolio, making the stock its 15th biggest position. Stordahl Capital Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,375,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in iShares S&P 500 Growth ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock worth $2,967,216,000 after purchasing an additional 229,932 shares in the last quarter. Morgan Stanley increased its holdings in iShares S&P 500 Growth ETF by 5.5% in the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after purchasing an additional 1,542,503 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in iShares S&P 500 Growth ETF by 8.2% in the third quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock worth $619,206,000 after purchasing an additional 682,586 shares in the last quarter. Stifel Financial Corp increased its holdings in iShares S&P 500 Growth ETF by 0.8% in the fourth quarter. Stifel Financial Corp now owns 6,968,324 shares of the company’s stock worth $523,327,000 after purchasing an additional 58,292 shares in the last quarter. Finally, CWM LLC increased its holdings in iShares S&P 500 Growth ETF by 57.0% in the first quarter. CWM LLC now owns 4,419,212 shares of the company’s stock worth $373,158,000 after purchasing an additional 1,604,659 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.1 %

IVW stock traded down $0.07 during mid-day trading on Tuesday, reaching $93.16. The company’s stock had a trading volume of 136,384 shares, compared to its average volume of 3,363,222. The company has a market cap of $48.81 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $94.17. The business’s 50 day moving average price is $87.28 and its 200 day moving average price is $82.60.

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.