Kraft Davis & Associates LLC Sells 7,881 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kraft Davis & Associates LLC lowered its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.3% during the third quarter, HoldingsChannel reports. The fund owned 86,813 shares of the company’s stock after selling 7,881 shares during the quarter. iShares S&P 500 Growth ETF comprises about 2.5% of Kraft Davis & Associates LLC’s portfolio, making the stock its 13th largest holding. Kraft Davis & Associates LLC’s holdings in iShares S&P 500 Growth ETF were worth $8,289,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. River Street Advisors LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 17.5% during the third quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock worth $956,000 after purchasing an additional 1,483 shares during the period. Foster Victor Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $226,000. FineMark National Bank & Trust lifted its stake in shares of iShares S&P 500 Growth ETF by 4.8% in the second quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock worth $6,575,000 after acquiring an additional 3,279 shares during the period. Choreo LLC boosted its holdings in iShares S&P 500 Growth ETF by 13.8% in the second quarter. Choreo LLC now owns 506,741 shares of the company’s stock valued at $47,239,000 after acquiring an additional 61,420 shares during the last quarter. Finally, Adaptive Financial Consulting LLC boosted its holdings in iShares S&P 500 Growth ETF by 1.2% in the second quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock valued at $18,126,000 after acquiring an additional 2,383 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $99.65 on Wednesday. The company’s 50 day moving average price is $96.65 and its 200-day moving average price is $92.65. iShares S&P 500 Growth ETF has a 52-week low of $71.93 and a 52-week high of $101.55. The company has a market capitalization of $52.21 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.