Keystone Financial Services Has $19.55 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Keystone Financial Services decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) 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.