iShares S&P 500 Growth ETF $IVW Stock Position Boosted by Pinkerton Wealth LLC

Pinkerton Wealth LLC boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 215,108 shares of the company’s stock after buying an additional 8,870 shares during the period. iShares S&P 500 Growth ETF accounts for 2.7% of Pinkerton Wealth LLC’s portfolio, making the stock its 12th biggest holding. Pinkerton Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $26,514,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IVW. United Bank grew its position in iShares S&P 500 Growth ETF by 4.6% in the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock valued at $5,736,000 after buying an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at about $600,000. Russell Investments Group Ltd. lifted its holdings in iShares S&P 500 Growth ETF by 13.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after acquiring an additional 707 shares during the last quarter. First Trust Advisors LP lifted its holdings in iShares S&P 500 Growth ETF by 15.4% in the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after acquiring an additional 4,238 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at about $244,000.

iShares S&P 500 Growth ETF Trading Up 1.4%

Shares of NYSEARCA IVW opened at $136.33 on Thursday. iShares S&P 500 Growth ETF has a twelve month low of $100.76 and a twelve month high of $139.10. The company has a market capitalization of $73.88 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The firm has a 50-day moving average of $123.93 and a two-hundred day moving average of $122.92.

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. 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.