PNC Financial Services Group Inc. Increases Position in iShares S&P 500 Growth ETF $IVW

PNC Financial Services Group Inc. grew its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,568,243 shares of the company’s stock after purchasing an additional 76,455 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $613,064,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IVW. Edgestream Partners L.P. purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter worth $310,000. Signaturefd LLC grew its position in shares of iShares S&P 500 Growth ETF by 1.7% during the first quarter. Signaturefd LLC now owns 15,666 shares of the company’s stock worth $1,454,000 after buying an additional 260 shares in the last quarter. BluePointe Capital Management LLC raised its holdings in iShares S&P 500 Growth ETF by 262.7% in the first quarter. BluePointe Capital Management LLC now owns 26,462 shares of the company’s stock valued at $2,456,000 after acquiring an additional 19,166 shares in the last quarter. Droms Strauss Advisors Inc. MO ADV grew its holdings in iShares S&P 500 Growth ETF by 0.4% during the 1st quarter. Droms Strauss Advisors Inc. MO ADV now owns 249,274 shares of the company’s stock worth $23,140,000 after acquiring an additional 995 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in iShares S&P 500 Growth ETF by 298.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 15,167 shares of the company’s stock worth $1,408,000 after acquiring an additional 11,363 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.3%

iShares S&P 500 Growth ETF stock opened at $123.91 on Wednesday. The company has a fifty day simple moving average of $120.90 and a 200-day simple moving average of $112.58. The stock has a market cap of $67.26 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61.

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.