iShares S&P 500 Growth ETF (NYSEARCA:IVW) Position Lessened by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,349 shares of the company’s stock after selling 3,153 shares during the period. iShares S&P 500 Growth ETF comprises approximately 2.4% of Kraft Davis & Associates LLC’s portfolio, making the stock its 18th biggest holding. Kraft Davis & Associates LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,952,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IVW. Financial Connections Group Inc. acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter worth $28,000. Goodwin Investment Advisory acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter worth $29,000. Russell Investments Group Ltd. acquired a new position in iShares S&P 500 Growth ETF during the second quarter worth $30,000. Life Planning Partners Inc acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $32,000. Finally, Howe & Rusling Inc. grew its position in shares of iShares S&P 500 Growth ETF by 1,137.2% in the third quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock valued at $36,000 after purchasing an additional 489 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW traded down $1.78 during midday trading on Friday, hitting $79.34. The company’s stock had a trading volume of 3,724,974 shares, compared to its average volume of 3,702,420. The stock has a market capitalization of $41.63 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10. The stock’s 50 day simple moving average is $83.02 and its 200 day simple moving average is $76.59. iShares S&P 500 Growth ETF has a fifty-two week low of $63.10 and a fifty-two week high of $85.56.

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.