Keystone Financial Services decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 8.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 204,134 shares of the company’s stock after selling 19,420 shares during the period. iShares S&P 500 Growth ETF makes up 7.6% of Keystone Financial Services’ portfolio, making the stock its 3rd largest holding. Keystone Financial Services’ holdings in iShares S&P 500 Growth ETF were worth $19,546,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Foster Victor Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at approximately $226,000. FineMark National Bank & Trust lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.8% during the 2nd quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after buying an additional 3,279 shares during the period. Choreo LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 13.8% in the 2nd quarter. Choreo LLC now owns 506,741 shares of the company’s stock worth $47,239,000 after buying an additional 61,420 shares during the last quarter. Adaptive Financial Consulting LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 1.2% in the second quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock worth $18,126,000 after acquiring an additional 2,383 shares during the period. Finally, MainStreet Investment Advisors LLC increased its position in iShares S&P 500 Growth ETF by 21.2% during the second quarter. MainStreet Investment Advisors LLC now owns 5,037 shares of the company’s stock valued at $466,000 after acquiring an additional 880 shares during the last quarter.
iShares S&P 500 Growth ETF Stock Performance
IVW stock opened at $101.02 on Tuesday. The company has a market cap of $52.92 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business’s 50-day moving average is $95.27 and its two-hundred day moving average is $91.76. iShares S&P 500 Growth ETF has a fifty-two week low of $70.30 and a fifty-two week high of $101.43.
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.
Further Reading
- Five stocks we like better than iShares S&P 500 Growth ETF
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- 2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion
- What is the Hang Seng index?
- Monday.com’s Manic Price Pullback Is a Signal to Buy
- Want to Profit on the Downtrend? Downtrends, Explained.
- 3 “Made in America” Stocks to Benefit From the Trump Presidency
Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report).
Receive News & Ratings for iShares S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.