Hsbc Holdings PLC Decreases Stock Position in iShares S&P 500 Growth ETF $IVW

Hsbc Holdings PLC trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 65.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Cornerstone Planning LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $343,000. Rockefeller Capital Management L.P. lifted its stake in iShares S&P 500 Growth ETF by 23.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 836,746 shares of the company’s stock valued at $103,138,000 after buying an additional 159,509 shares in the last quarter. Lane Brothers & Co. Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $861,000. Nalls Sherbakoff Group LLC acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at $395,000. Finally, Green Ridge Wealth Planning LLC acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at $224,000.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $136.25 on Thursday. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $141.98. The company has a market capitalization of $74.22 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The stock has a fifty day moving average of $135.96 and a two-hundred day moving average of $126.43.

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.