PNC Financial Services Group Inc. Buys 148,960 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

PNC Financial Services Group Inc. grew its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,478,191 shares of the company’s stock after buying an additional 148,960 shares during the quarter. PNC Financial Services Group Inc. owned approximately 1.05% of iShares S&P 500 Growth ETF worth $556,201,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVW. Raymond James Financial Inc. bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth about $456,880,000. The Manufacturers Life Insurance Company bought a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth about $82,464,000. Arvest Bank Trust Division bought a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth about $56,971,000. Strategic Financial Concepts LLC increased its stake in shares of iShares S&P 500 Growth ETF by 10,066.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after purchasing an additional 421,703 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 29.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after purchasing an additional 324,178 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $96.55 on Friday. The firm has a market capitalization of $53.87 billion, a PE ratio of 33.87 and a beta of 1.07. The company’s 50-day moving average is $103.14 and its 200-day moving average is $99.54. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14.

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.