Canal Capital Management LLC Has $9.87 Million Position in iShares S&P 500 Growth ETF $IVW

Canal Capital Management LLC grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1,855.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,063 shares of the company’s stock after acquiring an additional 75,969 shares during the quarter. iShares S&P 500 Growth ETF accounts for 1.4% of Canal Capital Management LLC’s holdings, making the stock its 21st biggest position. Canal Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,869,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of IVW. Embree Financial Group raised its holdings in iShares S&P 500 Growth ETF by 358.1% in the third quarter. Embree Financial Group now owns 38,283 shares of the company’s stock worth $4,621,000 after purchasing an additional 29,926 shares during the period. First Horizon Corp acquired a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at $4,237,000. Atria Investments Inc increased its position in shares of iShares S&P 500 Growth ETF by 4.6% in the 3rd quarter. Atria Investments Inc now owns 457,419 shares of the company’s stock valued at $55,220,000 after buying an additional 19,917 shares in the last quarter. Clark Financial Services Group Inc. BD increased its position in shares of iShares S&P 500 Growth ETF by 38.7% in the 3rd quarter. Clark Financial Services Group Inc. BD now owns 109,021 shares of the company’s stock valued at $13,161,000 after buying an additional 30,407 shares in the last quarter. Finally, Fortis Capital Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 58.9% in the 3rd quarter. Fortis Capital Advisors LLC now owns 18,152 shares of the company’s stock valued at $2,191,000 after buying an additional 6,732 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.4%

Shares of iShares S&P 500 Growth ETF stock opened at $116.40 on Friday. The stock’s fifty day simple moving average is $121.13 and its 200 day simple moving average is $121.45. The company has a market capitalization of $62.48 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.