Eldridge Investment Advisors Inc. Lowers Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Eldridge Investment Advisors Inc. reduced its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 12.8% in the fourth quarter, HoldingsChannel reports. The fund owned 5,200 shares of the company’s stock after selling 764 shares during the period. Eldridge Investment Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $528,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of IVW. Strategic Financial Concepts LLC raised its holdings in iShares S&P 500 Growth ETF by 10,066.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after buying an additional 421,703 shares during the last quarter. Advyzon Investment Management LLC purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $420,000. River Street Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 17.5% in the third quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock worth $956,000 after buying an additional 1,483 shares during the last quarter. Encompass Wealth Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 2.0% in the fourth quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock worth $37,319,000 after buying an additional 7,349 shares during the last quarter. Finally, Perigon Wealth Management LLC raised its holdings in iShares S&P 500 Growth ETF by 3.9% in the fourth quarter. Perigon Wealth Management LLC now owns 104,980 shares of the company’s stock worth $10,760,000 after buying an additional 3,942 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $94.82 on Friday. The stock has a market capitalization of $52.36 billion, a PE ratio of 30.05 and a beta of 1.08. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14. The company has a 50-day simple moving average of $102.27 and a two-hundred day simple moving average of $99.58.

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.