iShares S&P 500 Growth ETF $IVW Shares Purchased by Principal Securities Inc.

Principal Securities Inc. boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 434,711 shares of the company’s stock after acquiring an additional 16,531 shares during the period. iShares S&P 500 Growth ETF accounts for about 0.8% of Principal Securities Inc.’s investment portfolio, making the stock its 23rd largest position. Principal Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $53,582,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at about $28,000. Turning Point Benefit Group Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at about $28,000. Entrust Financial LLC acquired a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at about $33,000. Darwin Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at about $30,000. Finally, Carolina Wealth Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at $36,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $134.50 on Friday. The business’s fifty day moving average price is $130.99 and its two-hundred day moving average price is $124.69. The stock has a market cap of $72.89 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a one year low of $104.21 and a one year high of $141.98.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.