iShares S&P 500 Growth ETF $IVW Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lessened its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,390,020 shares of the company’s stock after selling 40,322 shares during the period. PNC Financial Services Group Inc. owned about 0.99% of iShares S&P 500 Growth ETF worth $609,665,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Proactive Wealth Strategies LLC boosted its holdings in iShares S&P 500 Growth ETF by 1.0% in the fourth quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after purchasing an additional 86 shares during the period. Ignite Planners LLC lifted its position in shares of iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after buying an additional 88 shares during the last quarter. First National Bank & Trust Co. of Newtown boosted its holdings in shares of iShares S&P 500 Growth ETF by 1.3% in the 4th quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock valued at $969,000 after buying an additional 100 shares during the period. Atticus Wealth Management LLC grew its position in shares of iShares S&P 500 Growth ETF by 1.2% during the 4th quarter. Atticus Wealth Management LLC now owns 8,827 shares of the company’s stock valued at $1,088,000 after buying an additional 101 shares during the last quarter. Finally, Team Financial Group LLC raised its stake in iShares S&P 500 Growth ETF by 7.7% during the first quarter. Team Financial Group LLC now owns 1,418 shares of the company’s stock worth $160,000 after acquiring an additional 101 shares during the period.

iShares S&P 500 Growth ETF Stock Up 1.2%

Shares of NYSEARCA IVW opened at $136.34 on Wednesday. The firm’s 50-day moving average price is $136.66 and its two-hundred day moving average price is $127.22. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $141.98. The stock has a market capitalization of $74.43 billion, a P/E ratio of 33.33 and a beta of 1.17.

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. 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.