iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Principal Street Partners LLC’s Largest Position

Principal Street Partners LLC increased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 20.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 348,343 shares of the company’s stock after acquiring an additional 59,620 shares during the quarter. iShares S&P 500 Growth ETF makes up about 7.0% of Principal Street Partners LLC’s portfolio, making the stock its biggest holding. Principal Street Partners LLC owned 0.07% of iShares S&P 500 Growth ETF worth $35,367,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Waverly Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 12.1% in the fourth quarter. Waverly Advisors LLC now owns 368,690 shares of the company’s stock worth $37,433,000 after buying an additional 39,772 shares in the last quarter. Vident Advisory LLC grew its position in shares of iShares S&P 500 Growth ETF by 38.8% in the fourth quarter. Vident Advisory LLC now owns 6,658 shares of the company’s stock valued at $676,000 after purchasing an additional 1,862 shares in the last quarter. Waters Parkerson & CO. LLC grew its position in shares of iShares S&P 500 Growth ETF by 70.3% in the fourth quarter. Waters Parkerson & CO. LLC now owns 27,250 shares of the company’s stock valued at $2,767,000 after purchasing an additional 11,250 shares in the last quarter. Westwood Holdings Group Inc. grew its position in shares of iShares S&P 500 Growth ETF by 12.4% in the fourth quarter. Westwood Holdings Group Inc. now owns 3,918 shares of the company’s stock valued at $398,000 after purchasing an additional 433 shares in the last quarter. Finally, St. Clair Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $5,175,000.

iShares S&P 500 Growth ETF Stock Up 0.1%

NYSEARCA IVW opened at $103.99 on Tuesday. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $107.14. The business’s fifty day simple moving average is $93.64 and its 200-day simple moving average is $99.20. The firm has a market cap of $56.77 billion, a PE ratio of 29.66 and a beta of 1.12.

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.