Keystone Financial Services Cuts Holdings in iShares S&P 500 Growth ETF $IVW

Keystone Financial Services reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 182,819 shares of the company’s stock after selling 28,168 shares during the period. iShares S&P 500 Growth ETF comprises about 6.8% of Keystone Financial Services’ investment portfolio, making the stock its 5th largest holding. Keystone Financial Services’ holdings in iShares S&P 500 Growth ETF were worth $20,128,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVW. Prospera Financial Services Inc boosted its position in iShares S&P 500 Growth ETF by 17.8% during the 2nd quarter. Prospera Financial Services Inc now owns 55,212 shares of the company’s stock worth $6,082,000 after acquiring an additional 8,328 shares during the last quarter. Florin Court Capital LLP lifted its position in shares of iShares S&P 500 Growth ETF by 3.4% in the second quarter. Florin Court Capital LLP now owns 73,400 shares of the company’s stock worth $8,081,000 after purchasing an additional 2,400 shares in the last quarter. Quadrant Private Wealth Management LLC boosted its holdings in iShares S&P 500 Growth ETF by 8.1% during the second quarter. Quadrant Private Wealth Management LLC now owns 83,032 shares of the company’s stock worth $9,142,000 after purchasing an additional 6,252 shares during the last quarter. Wedbush Securities Inc. grew its position in iShares S&P 500 Growth ETF by 19.8% in the second quarter. Wedbush Securities Inc. now owns 11,346 shares of the company’s stock valued at $1,249,000 after purchasing an additional 1,876 shares in the last quarter. Finally, RPS Advisory Solutions LLC grew its position in iShares S&P 500 Growth ETF by 903.9% in the second quarter. RPS Advisory Solutions LLC now owns 90,280 shares of the company’s stock valued at $9,940,000 after purchasing an additional 81,287 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $121.54 on Friday. The company’s 50-day moving average price is $120.51 and its two-hundred day moving average price is $111.83. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $126.61. The stock has a market capitalization of $65.98 billion, a PE ratio of 33.33 and a beta of 1.11.

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.