iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Purchased by World Equity Group Inc.

World Equity Group Inc. increased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 18.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,029 shares of the company’s stock after purchasing an additional 2,494 shares during the quarter. World Equity Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $1,628,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. LPL Financial LLC increased its position in shares of iShares S&P 500 Growth ETF by 1.7% during the 3rd 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 during the last quarter. Stifel Financial Corp increased its position in shares of 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 worth $715,775,000 after purchasing an additional 22,565 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares S&P 500 Growth ETF by 2.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock worth $510,274,000 after purchasing an additional 134,169 shares during the last quarter. Park Avenue Securities LLC increased its position in shares of iShares S&P 500 Growth ETF by 0.4% during the 4th quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock worth $387,595,000 after purchasing an additional 15,623 shares during the last quarter. Finally, Huntington National Bank increased its position in shares of iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock worth $245,126,000 after purchasing an additional 7,447 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 2.4 %

Shares of NYSEARCA:IVW opened at $103.43 on Friday. The company has a market capitalization of $57.71 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07. The business has a 50-day moving average price of $104.04 and a 200 day moving average price of $98.94. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14.

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.