Klaas Financial Asset Advisors LLC Cuts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Klaas Financial Asset Advisors LLC lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,762 shares of the company’s stock after selling 1,572 shares during the period. iShares S&P 500 Growth ETF makes up about 0.4% of Klaas Financial Asset Advisors LLC’s portfolio, making the stock its 26th largest position. Klaas Financial Asset Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,084,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. 1620 Investment Advisors Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $34,000. Financial Connections Group Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $35,000. CarsonAllaria Wealth Management Ltd. lifted its stake in iShares S&P 500 Growth ETF by 45.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after acquiring an additional 125 shares during the period. Davis Capital Management lifted its stake in iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after acquiring an additional 181 shares during the period. Finally, GPS Wealth Strategies Group LLC lifted its stake in iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after acquiring an additional 199 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.6 %

Shares of NYSEARCA IVW opened at $97.07 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $98.27. The company has a 50 day simple moving average of $94.18 and a two-hundred day simple moving average of $90.40. The stock has a market cap of $50.85 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.