Endeavor Private Wealth Inc. Takes $4.56 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Endeavor Private Wealth Inc. purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 44,902 shares of the company’s stock, valued at approximately $4,559,000. iShares S&P 500 Growth ETF comprises about 4.3% of Endeavor Private Wealth Inc.’s holdings, making the stock its 4th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVW. LPL Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 1.7% during the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after acquiring an additional 255,991 shares in the last quarter. Stifel Financial Corp increased its holdings in iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after purchasing an additional 22,565 shares during the period. Ameriprise Financial Inc. raised its position in iShares S&P 500 Growth ETF by 6.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after purchasing an additional 467,356 shares in the last quarter. PNC Financial Services Group Inc. lifted 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 worth $510,274,000 after buying an additional 134,169 shares during the period. Finally, Park Avenue Securities LLC lifted 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 worth $387,595,000 after buying an additional 15,623 shares during the period.

iShares S&P 500 Growth ETF Trading Up 1.2 %

Shares of iShares S&P 500 Growth ETF stock opened at $106.14 on Thursday. The firm has a market cap of $55.61 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock’s fifty day moving average price is $102.39 and its 200-day moving average price is $96.91. iShares S&P 500 Growth ETF has a 12 month low of $77.20 and a 12 month high of $106.50.

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.