Park Avenue Securities LLC Boosts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Park Avenue Securities LLC raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,942,984 shares of the company’s stock after acquiring an additional 125,442 shares during the quarter. iShares S&P 500 Growth ETF comprises 4.5% of Park Avenue Securities LLC’s holdings, making the stock its 4th largest position. Park Avenue Securities LLC owned 0.72% of iShares S&P 500 Growth ETF worth $366,027,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in iShares S&P 500 Growth ETF by 1.7% in the 4th quarter. JPMorgan Chase & Co. now owns 44,878,487 shares of the company’s stock valued at $4,556,513,000 after acquiring an additional 764,970 shares during the period. LPL Financial LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 14.4% during the fourth quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock worth $1,821,488,000 after purchasing an additional 2,257,493 shares during the period. Wells Fargo & Company MN increased its holdings in shares of iShares S&P 500 Growth ETF by 6.4% during the fourth quarter. Wells Fargo & Company MN now owns 16,602,697 shares of the company’s stock worth $1,685,672,000 after purchasing an additional 999,882 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 2.4% during the fourth quarter. Ameriprise Financial Inc. now owns 7,975,850 shares of the company’s stock worth $809,740,000 after purchasing an additional 186,796 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 2.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock worth $556,201,000 after purchasing an additional 148,960 shares during the period.

iShares S&P 500 Growth ETF Trading Up 1.1%

Shares of IVW opened at $105.55 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $107.14. The firm’s 50 day moving average is $96.15 and its 200-day moving average is $99.60. The stock has a market capitalization of $56.93 billion, a PE ratio of 29.66 and a beta of 1.12.

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.