Zhang Financial LLC Increases Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Zhang Financial LLC lifted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 91.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,718 shares of the company’s stock after purchasing an additional 3,680 shares during the period. Zhang Financial LLC’s holdings in iShares S&P 500 Growth ETF were worth $784,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. LPL Financial LLC increased its position in iShares S&P 500 Growth ETF by 1.7% during the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after purchasing an additional 255,991 shares in the last quarter. Stifel Financial Corp lifted its stake in iShares S&P 500 Growth ETF by 0.3% during the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after purchasing an additional 22,565 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in iShares S&P 500 Growth ETF by 6.8% in the second quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after acquiring an additional 467,356 shares during the period. PNC Financial Services Group Inc. grew its position in shares of iShares S&P 500 Growth ETF by 2.6% during the third quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock worth $510,274,000 after acquiring an additional 134,169 shares during the last quarter. Finally, Park Avenue Securities LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 0.4% during the fourth quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock valued at $387,595,000 after buying an additional 15,623 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.3 %

IVW stock opened at $103.83 on Tuesday. The company has a market capitalization of $54.40 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm’s 50-day moving average is $102.15 and its two-hundred day moving average is $96.72. iShares S&P 500 Growth ETF has a 52 week low of $75.62 and a 52 week high of $105.64.

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.