Ameritas Investment Partners Inc. Sells 11,150 Shares of iShares S&P 500 Growth ETF $IVW

Ameritas Investment Partners Inc. decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 203,219 shares of the company’s stock after selling 11,150 shares during the period. iShares S&P 500 Growth ETF makes up approximately 0.8% of Ameritas Investment Partners Inc.’s holdings, making the stock its 15th biggest position. Ameritas Investment Partners Inc.’s holdings in iShares S&P 500 Growth ETF were worth $25,049,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. United Bank raised its position in iShares S&P 500 Growth ETF by 4.6% in the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after buying an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. purchased a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth about $600,000. Russell Investments Group Ltd. raised its position in iShares S&P 500 Growth ETF by 13.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after buying an additional 707 shares during the last quarter. First Trust Advisors LP raised its position in iShares S&P 500 Growth ETF by 15.4% in the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after buying an additional 4,238 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth about $244,000.

iShares S&P 500 Growth ETF Stock Down 2.3%

NYSEARCA IVW opened at $131.55 on Thursday. iShares S&P 500 Growth ETF has a 52 week low of $104.21 and a 52 week high of $141.98. The firm has a market capitalization of $71.29 billion, a P/E ratio of 33.33 and a beta of 1.17. The company has a 50-day moving average price of $130.56 and a 200-day moving average price of $124.58.

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. 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.