iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Purchased by Principal Securities Inc.

Principal Securities Inc. raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.7% during the fourth quarter, HoldingsChannel reports. The firm owned 336,510 shares of the company’s stock after buying an additional 14,974 shares during the period. iShares S&P 500 Growth ETF comprises about 0.8% of Principal Securities Inc.’s investment portfolio, making the stock its 24th biggest holding. Principal Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $34,166,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 1.7% in the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after purchasing an additional 255,991 shares during the period. Stifel Financial Corp grew 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 valued at $715,775,000 after buying an additional 22,565 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of 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 worth $510,274,000 after acquiring an additional 134,169 shares during the last quarter. Park Avenue Securities LLC lifted its position in shares of iShares S&P 500 Growth ETF by 0.4% in the fourth quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock valued at $387,595,000 after acquiring an additional 15,623 shares in the last quarter. Finally, Huntington National Bank boosted its stake in shares of iShares S&P 500 Growth ETF by 0.3% during the third quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock valued at $245,126,000 after acquiring an additional 7,447 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $106.63 on Friday. The stock has a market capitalization of $55.86 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14. The firm’s 50-day moving average is $103.85 and its two-hundred day moving average is $98.24.

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.