Verity Asset Management Inc. Decreases Holdings in iShares S&P 500 Growth ETF $IVW

Verity Asset Management Inc. reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 47.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,026 shares of the company’s stock after selling 13,664 shares during the period. Verity Asset Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $1,852,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of IVW. Jennison Associates LLC acquired a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at $404,000. Sofi Wealth LLC grew its stake in shares of iShares S&P 500 Growth ETF by 10.4% during the 4th quarter. Sofi Wealth LLC now owns 2,104,088 shares of the company’s stock valued at $259,350,000 after buying an additional 198,832 shares during the period. Jackson Hole Capital Partners LLC grew its stake in shares of iShares S&P 500 Growth ETF by 1.7% during the 4th quarter. Jackson Hole Capital Partners LLC now owns 49,942 shares of the company’s stock valued at $6,156,000 after buying an additional 811 shares during the period. Simplicity Wealth LLC boosted its position in iShares S&P 500 Growth ETF by 11.8% during the 4th quarter. Simplicity Wealth LLC now owns 66,076 shares of the company’s stock worth $8,145,000 after purchasing an additional 6,959 shares during the period. Finally, Ellenbecker Investment Group boosted its position in iShares S&P 500 Growth ETF by 17.9% during the 4th quarter. Ellenbecker Investment Group now owns 2,694 shares of the company’s stock worth $332,000 after purchasing an additional 409 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock traded down $0.67 during trading on Thursday, reaching $128.18. 565,471 shares of the company’s stock were exchanged, compared to its average volume of 4,629,099. The company’s 50-day moving average is $119.98 and its two-hundred day moving average is $121.73. The firm has a market cap of $69.40 billion, a price-to-earnings ratio of 33.33 and a beta of 1.15. iShares S&P 500 Growth ETF has a 52-week low of $95.32 and a 52-week high of $130.51.

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.