PNC Financial Services Group Inc. decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,707,365 shares of the company’s stock after selling 49,200 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $302,494,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVW. Cornerstone Wealth Management LLC raised its position in shares of iShares S&P 500 Growth ETF by 19,626.4% during the second quarter. Cornerstone Wealth Management LLC now owns 1,799,052 shares of the company’s stock worth $10,998,000 after purchasing an additional 1,789,932 shares during the period. TD Asset Management Inc. raised its position in shares of iShares S&P 500 Growth ETF by 7,270.8% during the third quarter. TD Asset Management Inc. now owns 587,306 shares of the company’s stock worth $104,053,000 after purchasing an additional 579,338 shares during the period. Bank of Montreal Can raised its position in shares of iShares S&P 500 Growth ETF by 173.6% during the third quarter. Bank of Montreal Can now owns 781,642 shares of the company’s stock worth $138,483,000 after purchasing an additional 495,904 shares during the period. Howard Capital Management Inc. raised its position in shares of iShares S&P 500 Growth ETF by 870.8% during the third quarter. Howard Capital Management Inc. now owns 375,407 shares of the company’s stock worth $66,456,000 after purchasing an additional 336,738 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of iShares S&P 500 Growth ETF by 6.4% during the second quarter. Envestnet Asset Management Inc. now owns 4,302,892 shares of the company’s stock worth $699,695,000 after purchasing an additional 259,066 shares during the period.

NYSEARCA IVW opened at $162.48 on Monday. iShares S&P 500 Growth ETF has a one year low of $146.70 and a one year high of $178.61.

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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.

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Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW).

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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