Kraft Davis & Associates LLC Sells 13,268 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kraft Davis & Associates LLC lessened its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 17.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61,524 shares of the company’s stock after selling 13,268 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.7% of Kraft Davis & Associates LLC’s investment portfolio, making the stock its 22nd largest position. Kraft Davis & Associates LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,420,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in IVW. Western Wealth Management LLC raised its position in shares of iShares S&P 500 Growth ETF by 0.8% during the first quarter. Western Wealth Management LLC now owns 224,622 shares of the company’s stock worth $20,852,000 after purchasing an additional 1,690 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 43.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 250,312 shares of the company’s stock valued at $23,236,000 after acquiring an additional 75,819 shares in the last quarter. Pure Financial Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 2.3% in the first quarter. Pure Financial Advisors LLC now owns 6,545 shares of the company’s stock valued at $608,000 after acquiring an additional 148 shares during the last quarter. Lifelong Wealth Advisors Inc. increased its position in shares of iShares S&P 500 Growth ETF by 1.6% in the first quarter. Lifelong Wealth Advisors Inc. now owns 61,675 shares of the company’s stock valued at $5,725,000 after acquiring an additional 974 shares during the last quarter. Finally, TSA Wealth Managment LLC raised its holdings in iShares S&P 500 Growth ETF by 2.7% during the first quarter. TSA Wealth Managment LLC now owns 149,343 shares of the company’s stock worth $13,864,000 after acquiring an additional 3,930 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $107.83 on Thursday. The stock has a 50 day moving average price of $100.67 and a 200 day moving average price of $100.03. The stock has a market capitalization of $58.38 billion, a PE ratio of 29.66 and a beta of 1.12. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $108.24.

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.