Kessler Investment Group LLC Has $1.33 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kessler Investment Group LLC cut its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,884 shares of the company’s stock after selling 1,776 shares during the quarter. Kessler Investment Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,329,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. 1620 Investment Advisors Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth $34,000. Financial Connections Group Inc. bought a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth $35,000. CarsonAllaria Wealth Management Ltd. increased its holdings in iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares in the last quarter. Davis Capital Management raised its position in iShares S&P 500 Growth ETF by 78.4% in the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock traded down $0.02 on Tuesday, hitting $97.89. The stock had a trading volume of 158,232 shares, compared to its average volume of 2,945,800. The stock has a 50 day moving average of $93.91 and a 200 day moving average of $90.27. The firm has a market capitalization of $51.28 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $65.53 and a twelve month high of $98.05.

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.