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

PNC Financial Services Group Inc. cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,430,342 shares of the company’s stock after selling 120,485 shares during the quarter. PNC Financial Services Group Inc. owned approximately 1.01% of iShares S&P 500 Growth ETF worth $669,344,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Little House Capital LLC boosted its position in shares of iShares S&P 500 Growth ETF by 2.0% during the 3rd quarter. Little House Capital LLC now owns 3,993 shares of the company’s stock worth $482,000 after purchasing an additional 80 shares in the last quarter. Smith Moore & CO. increased its position in iShares S&P 500 Growth ETF by 2.9% in the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after buying an additional 85 shares in the last quarter. Frazier Financial Advisors LLC increased its position in iShares S&P 500 Growth ETF by 11.4% in the 3rd quarter. Frazier Financial Advisors LLC now owns 843 shares of the company’s stock valued at $102,000 after buying an additional 86 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management raised its stake in iShares S&P 500 Growth ETF by 0.7% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock worth $1,406,000 after buying an additional 86 shares during the period. Finally, Proactive Wealth Strategies LLC raised its stake in iShares S&P 500 Growth ETF by 1.0% during the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after buying an additional 86 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $134.47 on Wednesday. iShares S&P 500 Growth ETF has a 52-week low of $100.76 and a 52-week high of $139.10. The business’s 50 day simple moving average is $123.60 and its two-hundred day simple moving average is $122.84. The firm has a market cap of $72.88 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.