Is Wizards of Waverly Place Over & Ending?

So I want to know if the show Wizard of Waverly Place is over because someone told me it's ending.
I was shocked when I heard this, I love Selena Gomez and the whole cast of Wizards of Waverly Place and I can't believe they cancelled such a good show.
It's the best one in Disney Channel right now. What is the current situation of Wizards? Is it done filming or is it still filming?
When I tell my sister Wizards of Waverly Place is going to end she's going to freak.

Unfortunately, Wizards of Waverly Place is going off the air and it's over.
After season 4 of Wizards, the show will not air anymore, it has been confirmed by Selena Gomez herself in an interview.
The good news is that they're going to make another movie after the ending of the show, which is the last opportunity we'll have to see them together.
I think the show is ending because all the actors are getting older and in the story lines they'll be graduating. Also, Selena is pursuing her singing career.