Kingdom Financial Group LLC. Reduces Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kingdom Financial Group LLC. trimmed its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,187 shares of the company’s stock after selling 108 shares during the period. Kingdom Financial Group LLC.’s holdings in iShares S&P 500 Growth ETF were worth $324,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. LPL Financial LLC grew its position in iShares S&P 500 Growth ETF by 1.7% in the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after purchasing an additional 255,991 shares during the period. Stifel Financial Corp boosted its stake in shares of iShares S&P 500 Growth ETF by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after buying an additional 22,565 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 2.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock worth $556,201,000 after acquiring an additional 148,960 shares during the period. Raymond James Financial Inc. purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at $456,880,000. Finally, Park Avenue Securities LLC lifted its holdings in iShares S&P 500 Growth ETF by 0.4% in the fourth quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock valued at $387,595,000 after acquiring an additional 15,623 shares during the period.

iShares S&P 500 Growth ETF Stock Up 2.6 %

iShares S&P 500 Growth ETF stock opened at $94.82 on Friday. The business has a 50-day simple moving average of $102.27 and a two-hundred day simple moving average of $99.58. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14. The company has a market cap of $52.36 billion, a P/E ratio of 30.05 and a beta of 1.08.

iShares S&P 500 Growth ETF Company 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.