iShares S&P 500 Growth ETF (NYSEARCA:IVW) Position Reduced by Kelly Financial Services LLC

Kelly Financial Services LLC decreased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 196,165 shares of the company’s stock after selling 31,397 shares during the quarter. iShares S&P 500 Growth ETF makes up 6.9% of Kelly Financial Services LLC’s portfolio, making the stock its 3rd largest position. Kelly Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $18,783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Oxford Financial Group LTD. LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 27.6% in the fourth quarter. Oxford Financial Group LTD. LLC now owns 45,907 shares of the company’s stock valued at $3,448,000 after purchasing an additional 9,924 shares during the period. Foster Victor Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $226,000. FineMark National Bank & Trust increased its stake in shares of iShares S&P 500 Growth ETF by 4.8% during the second quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after buying an additional 3,279 shares during the period. West Paces Advisors Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 9,168.6% in the first quarter. West Paces Advisors Inc. now owns 4,727 shares of the company’s stock valued at $399,000 after acquiring an additional 4,676 shares in the last quarter. Finally, Powell Investment Advisors LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 0.9% in the first quarter. Powell Investment Advisors LLC now owns 250,701 shares of the company’s stock valued at $21,169,000 after acquiring an additional 2,120 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $96.74 on Thursday. The stock has a market cap of $50.68 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm’s 50-day moving average is $92.29 and its two-hundred day moving average is $89.50. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $97.22.

iShares S&P 500 Growth ETF Company 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.