Accelerate Investment Advisors LLC Increases Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Accelerate Investment Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 32.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,797 shares of the company’s stock after purchasing an additional 4,118 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 1.5% of Accelerate Investment Advisors LLC’s portfolio, making the stock its 16th largest position. Accelerate Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,705,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC grew 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 worth $1,501,637,000 after purchasing an additional 255,991 shares in the last quarter. Stifel Financial Corp boosted its stake in iShares S&P 500 Growth ETF by 0.3% in the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after acquiring an additional 22,565 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares S&P 500 Growth ETF by 6.8% in the second quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after acquiring an additional 467,356 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares S&P 500 Growth ETF by 2.6% in the third quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after acquiring an additional 134,169 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in iShares S&P 500 Growth ETF by 30.5% in the second quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock valued at $307,291,000 after acquiring an additional 775,318 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW traded down $0.72 during trading hours on Monday, hitting $100.36. The company had a trading volume of 1,148,579 shares, compared to its average volume of 1,930,333. iShares S&P 500 Growth ETF has a 1-year low of $74.61 and a 1-year high of $105.64. The company has a market cap of $52.58 billion, a PE ratio of 28.52 and a beta of 1.14. The business has a 50 day moving average of $101.81 and a 200-day moving average of $96.42.

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.