Kelly Financial Services LLC Sells 2,660 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kelly Financial Services LLC lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 193,505 shares of the company’s stock after selling 2,660 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 5.9% of Kelly Financial Services LLC’s portfolio, making the stock its 3rd biggest position. Kelly Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $19,649,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Davis Capital Management boosted its holdings in iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares in the last quarter. Element Wealth LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 31.1% in the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after buying an additional 137 shares during the period. Valued Wealth Advisors LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after buying an additional 370 shares during the period. Copley Financial Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at approximately $64,000. Finally, ORG Wealth Partners LLC acquired a new position in iShares S&P 500 Growth ETF during the third quarter worth $66,000.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $103.83 on Friday. The company has a market cap of $54.40 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $75.62 and a one year high of $105.64. The business has a fifty day moving average of $102.15 and a two-hundred day moving average of $96.69.

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.