PNC Financial Services Group Inc. Has $669.34 Million Stock Position in iShares S&P 500 Growth ETF $IVW

PNC Financial Services Group Inc. cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.2% in the 4th quarter, HoldingsChannel reports. The fund owned 5,430,342 shares of the company’s stock after selling 120,485 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $669,344,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Thrivent Financial for Lutherans grew its holdings in shares of iShares S&P 500 Growth ETF by 196.9% in the third quarter. Thrivent Financial for Lutherans now owns 1,441,392 shares of the company’s stock valued at $174,005,000 after acquiring an additional 955,862 shares in the last quarter. AlphaCore Capital LLC increased its position in shares of iShares S&P 500 Growth ETF by 522.0% during the fourth quarter. AlphaCore Capital LLC now owns 299,535 shares of the company’s stock valued at $36,921,000 after acquiring an additional 251,375 shares during the last quarter. Lido Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 6.5% during the third quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock worth $439,354,000 after acquiring an additional 221,311 shares during the period. Sofi Wealth LLC boosted its position in iShares S&P 500 Growth ETF by 10.4% in the fourth quarter. Sofi Wealth LLC now owns 2,104,088 shares of the company’s stock worth $259,350,000 after purchasing an additional 198,832 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. boosted its position in iShares S&P 500 Growth ETF by 231.7% in the third quarter. Vestmark Advisory Solutions Inc. now owns 273,381 shares of the company’s stock worth $33,003,000 after purchasing an additional 190,970 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $134.47 on Wednesday. iShares S&P 500 Growth ETF has a 1 year low of $100.76 and a 1 year high of $139.10. The company has a market capitalization of $72.88 billion, a PE ratio of 33.33 and a beta of 1.17. The business has a fifty day moving average price of $123.60 and a two-hundred day moving average price of $122.84.

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. 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.