Interchange Capital Partners LLC Sells 1,765 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Interchange Capital Partners LLC reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.5% during the 4th quarter, HoldingsChannel reports. The firm owned 30,155 shares of the company’s stock after selling 1,765 shares during the period. iShares S&P 500 Growth ETF comprises about 1.1% of Interchange Capital Partners LLC’s investment portfolio, making the stock its 21st largest holding. Interchange Capital Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,062,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IVW. Mountain Hill Investment Partners Corp. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth $28,000. BankPlus Trust Department acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $36,000. Hantz Financial Services Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $40,000. Compass Financial Services Inc acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $40,000. Finally, Bellevue Asset Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $42,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $94.91 on Monday. The stock has a market cap of $52.41 billion, a PE ratio of 30.05 and a beta of 1.08. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The stock has a 50 day moving average price of $101.47 and a 200 day moving average price of $99.72.

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.