iShares S&P 500 Growth ETF $IVW Shares Bought by Principal Securities Inc.

Principal Securities Inc. lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 434,711 shares of the company’s stock after purchasing an additional 16,531 shares during the quarter. iShares S&P 500 Growth ETF comprises about 0.8% of Principal Securities Inc.’s investment portfolio, making the stock its 23rd largest position. Principal Securities Inc. owned approximately 0.08% of iShares S&P 500 Growth ETF worth $53,582,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in IVW. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $28,000. Turning Point Benefit Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth $28,000. Darwin Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $30,000. Entrust Financial LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $33,000. Finally, Carolina Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $36,000.

iShares S&P 500 Growth ETF Stock Up 2.2%

NYSEARCA:IVW opened at $134.50 on Friday. The stock has a market cap of $72.89 billion, a PE ratio of 33.33 and a beta of 1.17. The firm’s fifty day simple moving average is $130.99 and its 200-day simple moving average is $124.69. iShares S&P 500 Growth ETF has a fifty-two week low of $104.21 and a fifty-two week high of $141.98.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.