KPP Advisory Services LLC Sells 5,900 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

KPP Advisory Services LLC trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 12.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 42,285 shares of the company’s stock after selling 5,900 shares during the quarter. iShares S&P 500 Growth ETF makes up about 1.0% of KPP Advisory Services LLC’s holdings, making the stock its 27th largest holding. KPP Advisory Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,049,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Maxwell Wealth Strategies Inc. grew its holdings in iShares S&P 500 Growth ETF by 1.4% during the 3rd quarter. Maxwell Wealth Strategies Inc. now owns 77,345 shares of the company’s stock valued at $7,489,000 after buying an additional 1,095 shares in the last quarter. Evolution Wealth Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 167.3% in the third quarter. Evolution Wealth Advisors LLC now owns 15,755 shares of the company’s stock valued at $1,509,000 after purchasing an additional 9,860 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 16.0% in the third quarter. Signature Estate & Investment Advisors LLC now owns 73,192 shares of the company’s stock valued at $7,008,000 after purchasing an additional 10,119 shares in the last quarter. Kapstone Financial Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 3.3% in the third quarter. Kapstone Financial Advisors LLC now owns 30,559 shares of the company’s stock valued at $2,911,000 after purchasing an additional 973 shares in the last quarter. Finally, Huntington National Bank grew its holdings in shares of iShares S&P 500 Growth ETF by 0.3% in the third quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock valued at $245,126,000 after purchasing an additional 7,447 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 2.0 %

Shares of IVW stock traded down $2.01 on Friday, reaching $98.33. The company’s stock had a trading volume of 1,682,320 shares, compared to its average volume of 2,908,146. The company has a market capitalization of $51.52 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock’s fifty day simple moving average is $96.26 and its 200-day simple moving average is $92.26. iShares S&P 500 Growth ETF has a 1 year low of $71.68 and a 1 year high of $101.55.

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.