Kraft Davis & Associates LLC Sells 3,153 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kraft Davis & Associates LLC reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 101,349 shares of the company’s stock after selling 3,153 shares during the period. iShares S&P 500 Growth ETF accounts for about 2.4% of Kraft Davis & Associates LLC’s holdings, making the stock its 18th biggest position. Kraft Davis & Associates LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,952,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Nicolet Advisory Services LLC lifted its position in shares of iShares S&P 500 Growth ETF by 2.0% during the third quarter. Nicolet Advisory Services LLC now owns 7,575 shares of the company’s stock valued at $518,000 after purchasing an additional 152 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 4.5% in the third quarter. Gallagher Fiduciary Advisors LLC now owns 3,526 shares of the company’s stock valued at $241,000 after acquiring an additional 153 shares during the last quarter. Allen Capital Group LLC boosted its stake in iShares S&P 500 Growth ETF by 4.7% in the fourth quarter. Allen Capital Group LLC now owns 3,421 shares of the company’s stock valued at $257,000 after acquiring an additional 155 shares during the last quarter. Lake Street Financial LLC boosted its stake in iShares S&P 500 Growth ETF by 4.6% in the third quarter. Lake Street Financial LLC now owns 3,710 shares of the company’s stock valued at $255,000 after acquiring an additional 163 shares during the last quarter. Finally, First Manhattan Co. boosted its stake in iShares S&P 500 Growth ETF by 0.5% in the first quarter. First Manhattan Co. now owns 37,027 shares of the company’s stock valued at $2,828,000 after acquiring an additional 166 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW traded down $1.78 during midday trading on Friday, reaching $79.34. The company had a trading volume of 3,724,974 shares, compared to its average volume of 3,702,420. The stock has a market cap of $41.63 billion, a PE ratio of 28.34 and a beta of 1.10. iShares S&P 500 Growth ETF has a 12-month low of $63.10 and a 12-month high of $85.56. The business has a 50-day moving average price of $83.02 and a two-hundred day moving average price of $76.59.

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.