Kelly Financial Services LLC Has $21.71 Million Stake in iShares S&P 500 Growth ETF $IVW

by · The Markets Daily

Kelly Financial Services LLC decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 3.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 179,795 shares of the company’s stock after selling 6,412 shares during the period. iShares S&P 500 Growth ETF comprises 5.6% of Kelly Financial Services LLC’s portfolio, making the stock its 4th biggest position. Kelly Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $21,705,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IVW. The Manufacturers Life Insurance Company lifted its position in shares of iShares S&P 500 Growth ETF by 329.5% in the second quarter. The Manufacturers Life Insurance Company now owns 1,708,995 shares of the company’s stock worth $188,160,000 after purchasing an additional 1,311,063 shares in the last quarter. Laurel Wealth Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 11,334.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 770,011 shares of the company’s stock valued at $84,778,000 after buying an additional 763,277 shares during the last quarter. Ascent Group LLC lifted its position in iShares S&P 500 Growth ETF by 341.5% during the 1st quarter. Ascent Group LLC now owns 806,123 shares of the company’s stock worth $74,832,000 after buying an additional 623,555 shares in the last quarter. EP Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 487.9% during the 2nd quarter. EP Wealth Advisors LLC now owns 679,544 shares of the company’s stock worth $74,818,000 after buying an additional 563,960 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 6.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock valued at $935,874,000 after acquiring an additional 547,663 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $124.67 on Wednesday. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The company has a market cap of $67.68 billion, a P/E ratio of 33.33 and a beta of 1.11. The stock’s 50-day simple moving average is $122.50 and its 200 day simple moving average is $117.09.

About iShares S&P 500 Growth ETF

(Free Report)

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.

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