Bessemer Group Inc. Trims Position in iShares S&P 500 Growth ETF $IVW

Bessemer Group Inc. trimmed its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 22.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,588 shares of the company’s stock after selling 7,113 shares during the period. Bessemer Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,781,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Brookstone Capital Management grew its position in iShares S&P 500 Growth ETF by 5.7% during the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $29,233,000 after purchasing an additional 12,778 shares during the period. Chatterton & Associates Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 33.5% during the 1st quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock valued at $5,306,000 after buying an additional 11,089 shares during the last quarter. Embree Financial Group lifted its holdings in shares of iShares S&P 500 Growth ETF by 61.2% in the 4th quarter. Embree Financial Group now owns 61,699 shares of the company’s stock valued at $7,605,000 after buying an additional 23,416 shares during the period. Silver Oak Securities Incorporated lifted its holdings in shares of iShares S&P 500 Growth ETF by 270.9% in the 4th quarter. Silver Oak Securities Incorporated now owns 49,336 shares of the company’s stock valued at $6,126,000 after buying an additional 36,033 shares during the period. Finally, Summit Financial Consulting LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 9.4% in the fourth quarter. Summit Financial Consulting LLC now owns 60,751 shares of the company’s stock worth $7,488,000 after buying an additional 5,199 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.2%

iShares S&P 500 Growth ETF stock opened at $136.34 on Wednesday. The firm has a market cap of $74.43 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $141.98. The business’s 50-day moving average price is $136.66 and its 200 day moving average price is $127.22.

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. 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.