Hutchens & Kramer Investment Management Group LLC Lowers Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Hutchens & Kramer Investment Management Group LLC cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,662 shares of the company’s stock after selling 1,697 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 1.0% of Hutchens & Kramer Investment Management Group LLC’s holdings, making the stock its 23rd biggest holding. Hutchens & Kramer Investment Management Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,825,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in IVW. Mountain Hill Investment Partners Corp. acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $28,000. Copia Wealth Management acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $30,000. Whipplewood Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter valued at $32,000. Bellevue Asset Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $42,000. Finally, New Age Alpha Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $42,000.

iShares S&P 500 Growth ETF Trading Up 0.5%

NYSEARCA:IVW opened at $109.49 on Friday. The firm has a market capitalization of $59.99 billion, a price-to-earnings ratio of 29.66 and a beta of 1.05. The firm’s fifty day simple moving average is $101.50 and its 200 day simple moving average is $100.08. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $109.75.

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.