Fairview Capital Investment Management LLC Sells 139 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fairview Capital Investment Management LLC decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,598 shares of the company’s stock after selling 139 shares during the period. Fairview Capital Investment Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $219,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Connections Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $28,000. Goodwin Investment Advisory bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $29,000. CarsonAllaria Wealth Management Ltd. grew its stake in iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after buying an additional 125 shares in the last quarter. Life Planning Partners Inc purchased a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $32,000. Finally, Northwest Financial Advisors purchased a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $38,000.

iShares S&P 500 Growth ETF Trading Up 0.9 %

Shares of IVW traded up $0.82 during mid-day trading on Friday, reaching $89.90. 2,342,038 shares of the stock traded hands, compared to its average volume of 3,284,792. The firm has a fifty day moving average price of $91.49 and a 200 day moving average price of $85.26. The company has a market cap of $47.10 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $97.22.

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.