iShares S&P 500 Growth ETF $IVW Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.7% in the 1st quarter, Holdings Channel reports. The fund owned 5,390,020 shares of the company’s stock after selling 40,322 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $609,665,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of IVW. Decker Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF during the 1st quarter worth $2,991,000. Brookstone Capital Management grew its stake in shares of iShares S&P 500 Growth ETF by 5.7% in the fourth quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $29,233,000 after purchasing an additional 12,778 shares in the last quarter. Chatterton & Associates Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 33.5% during the first quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock valued at $5,306,000 after purchasing an additional 11,089 shares during the period. Silver Oak Securities Incorporated increased its holdings in shares of iShares S&P 500 Growth ETF by 270.9% during the fourth quarter. Silver Oak Securities Incorporated now owns 49,336 shares of the company’s stock valued at $6,126,000 after purchasing an additional 36,033 shares during the period. Finally, Summit Financial Consulting LLC raised its stake in shares of iShares S&P 500 Growth ETF by 9.4% during the fourth quarter. Summit Financial Consulting LLC now owns 60,751 shares of the company’s stock valued at $7,488,000 after purchasing an additional 5,199 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.2%

Shares of NYSEARCA IVW opened at $136.34 on Wednesday. The stock has a market cap of $74.43 billion, a P/E ratio of 33.33 and a beta of 1.17. The firm’s 50-day simple moving average is $136.66 and its 200 day simple moving average is $127.22. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $141.98.

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. 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.