Kraft Davis & Associates LLC Sells 7,881 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kraft Davis & Associates LLC decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 86,813 shares of the company’s stock after selling 7,881 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 2.5% of Kraft Davis & Associates LLC’s investment portfolio, making the stock its 13th largest position. Kraft Davis & Associates LLC’s holdings in iShares S&P 500 Growth ETF were worth $8,289,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $34,000. Financial Connections Group Inc. bought a new stake in iShares S&P 500 Growth ETF during the second quarter worth $35,000. Davis Capital Management increased its stake in shares of 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 during the last quarter. GPS Wealth Strategies Group LLC raised its holdings in shares of 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 worth $39,000 after buying an additional 199 shares in the last quarter. Finally, Avondale Wealth Management lifted its position in shares of iShares S&P 500 Growth ETF by 56.1% during the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after buying an additional 156 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.0 %

NYSEARCA:IVW opened at $99.65 on Wednesday. The firm has a market capitalization of $52.21 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $71.93 and a twelve month high of $101.55. The stock’s 50-day simple moving average is $96.65 and its 200 day simple moving average is $92.65.

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.