Key Financial Inc Sells 144 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Key Financial Inc lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,018 shares of the company’s stock after selling 144 shares during the period. Key Financial Inc’s holdings in iShares S&P 500 Growth ETF were worth $1,954,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Moneta Group Investment Advisors LLC increased its holdings in iShares S&P 500 Growth ETF by 111,454.4% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 552,700,957 shares of the company’s stock valued at $32,333,006,000 after purchasing an additional 552,205,503 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares S&P 500 Growth ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock valued at $2,967,216,000 after purchasing an additional 229,932 shares during the period. Morgan Stanley increased its holdings in iShares S&P 500 Growth ETF by 5.5% during the 3rd quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock valued at $2,010,078,000 after purchasing an additional 1,542,503 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 54.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after acquiring an additional 7,681,845 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in shares of iShares S&P 500 Growth ETF by 0.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock worth $1,229,814,000 after acquiring an additional 138,408 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock traded down $0.79 during midday trading on Wednesday, hitting $81.60. The company had a trading volume of 2,323,894 shares, compared to its average volume of 3,723,794. The stock has a market capitalization of $42.82 billion, a P/E ratio of 28.34 and a beta of 1.10. The company has a 50 day moving average of $83.07 and a 200 day moving average of $76.45. iShares S&P 500 Growth ETF has a 52-week low of $63.10 and a 52-week high of $85.56.

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.