Pinnacle Wealth Planning Services Inc. Raises Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Pinnacle Wealth Planning Services Inc. raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 91.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,631 shares of the company’s stock after acquiring an additional 3,166 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in iShares S&P 500 Growth ETF were worth $673,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. LPL Financial LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 1.7% in the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after buying an additional 255,991 shares during the last quarter. Stifel Financial Corp boosted its position in iShares S&P 500 Growth ETF by 0.3% in 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 period. PNC Financial Services Group Inc. boosted its position in iShares S&P 500 Growth ETF by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after buying an additional 134,169 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $456,880,000. Finally, Park Avenue Securities LLC lifted its position in shares of iShares S&P 500 Growth ETF by 0.4% in 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 period.

iShares S&P 500 Growth ETF Trading Up 1.4 %

Shares of iShares S&P 500 Growth ETF stock opened at $99.07 on Thursday. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14. The firm has a market capitalization of $55.28 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07. The firm’s 50 day simple moving average is $103.45 and its two-hundred day simple moving average is $99.54.

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.