iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Acquired by Element Wealth LLC

Element Wealth LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 174.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,583 shares of the company’s stock after acquiring an additional 1,006 shares during the period. Element Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $161,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 1.7% in the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after purchasing an additional 255,991 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of iShares S&P 500 Growth ETF by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after purchasing an additional 22,565 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after purchasing an additional 134,169 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 0.4% in the 4th quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock valued at $387,595,000 after purchasing an additional 15,623 shares in the last quarter. Finally, Huntington National Bank raised its holdings in shares of iShares S&P 500 Growth ETF by 0.3% in the 3rd 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 2.4 %

Shares of IVW opened at $103.43 on Friday. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14. The firm’s fifty day simple moving average is $104.04 and its 200-day simple moving average is $98.85. The firm has a market capitalization of $57.71 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07.

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.