PNC Financial Services Group Inc. Increases Stock Holdings in iShares S&P 500 Growth ETF $IVW

PNC Financial Services Group Inc. lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,568,243 shares of the company’s stock after purchasing an additional 76,455 shares during the period. PNC Financial Services Group Inc. owned about 1.01% of iShares S&P 500 Growth ETF worth $613,064,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of IVW. Liberty Wealth Management LLC increased its position in shares of iShares S&P 500 Growth ETF by 489.6% during the first quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock worth $126,609,000 after purchasing an additional 1,132,541 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares S&P 500 Growth ETF by 5.5% in the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after buying an additional 988,955 shares during the last quarter. Pinkerton Retirement Specialists LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 192.5% in the first quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock worth $105,394,000 after buying an additional 747,194 shares in the last quarter. Ascent Group LLC boosted its position in iShares S&P 500 Growth ETF by 341.5% during the first quarter. Ascent Group LLC now owns 806,123 shares of the company’s stock worth $74,832,000 after acquiring an additional 623,555 shares during the last quarter. Finally, World Investment Advisors lifted its position in iShares S&P 500 Growth ETF by 104.4% during the second quarter. World Investment Advisors now owns 744,016 shares of the company’s stock worth $81,916,000 after buying an additional 380,049 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.3%

Shares of IVW stock opened at $123.91 on Wednesday. The company’s 50-day moving average price is $120.90 and its 200-day moving average price is $112.58. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $126.61. The stock has a market cap of $67.26 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

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.