iShares S&P 500 Growth ETF $IVW Holdings Trimmed by Hsbc Holdings PLC

Hsbc Holdings PLC lowered its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 65.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,950 shares of the company’s stock after selling 157,450 shares during the period. Hsbc Holdings PLC’s holdings in iShares S&P 500 Growth ETF were worth $10,348,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Morgan Stanley lifted its position in shares of iShares S&P 500 Growth ETF by 0.6% in the fourth quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock worth $4,147,225,000 after purchasing an additional 186,391 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 1.8% during the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock worth $2,442,579,000 after acquiring an additional 357,495 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of iShares S&P 500 Growth ETF by 0.5% during the fourth quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock worth $1,851,508,000 after acquiring an additional 80,216 shares in the last quarter. UBS Group AG boosted its position in iShares S&P 500 Growth ETF by 0.9% during the third quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after purchasing an additional 76,602 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in iShares S&P 500 Growth ETF by 3.4% during the fourth quarter. Cetera Investment Advisers now owns 4,509,307 shares of the company’s stock valued at $555,817,000 after purchasing an additional 146,739 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $133.46 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $107.97 and a fifty-two week high of $141.98. The business has a 50-day moving average of $134.56 and a 200-day moving average of $125.60. The company has a market capitalization of $72.33 billion, a PE ratio of 33.33 and a beta of 1.17.

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.