KFG Wealth Management LLC Sells 11,840 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

KFG Wealth Management LLC lessened its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 101,570 shares of the company’s stock after selling 11,840 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 1.9% of KFG Wealth Management LLC’s investment portfolio, making the stock its 13th largest holding. KFG Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $10,312,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Dakota Wealth Management raised its holdings in shares of iShares S&P 500 Growth ETF by 1.2% during the fourth quarter. Dakota Wealth Management now owns 7,935 shares of the company’s stock valued at $806,000 after purchasing an additional 97 shares during the last quarter. Gradient Investments LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 2.7% in the 4th quarter. Gradient Investments LLC now owns 3,901 shares of the company’s stock worth $396,000 after buying an additional 103 shares during the last quarter. Boston Family Office LLC raised its position in shares of iShares S&P 500 Growth ETF by 0.4% during the 3rd quarter. Boston Family Office LLC now owns 26,064 shares of the company’s stock valued at $2,496,000 after buying an additional 105 shares in the last quarter. Inspire Advisors LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.4% in the 3rd quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock valued at $249,000 after acquiring an additional 109 shares during the last quarter. Finally, Sanibel Captiva Trust Company Inc. grew its position in iShares S&P 500 Growth ETF by 1.6% in the fourth quarter. Sanibel Captiva Trust Company Inc. now owns 7,005 shares of the company’s stock worth $711,000 after acquiring an additional 109 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $106.26 on Friday. The company has a market cap of $55.67 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $77.20 and a 1 year high of $107.14. The stock’s 50 day simple moving average is $102.67 and its two-hundred day simple moving average is $97.05.

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.