173,964 Shares in iShares S&P 500 Growth ETF (NYSEARCA:IVW) Purchased by Gallagher Capital Advisors LLC

Gallagher Capital Advisors LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 173,964 shares of the company’s stock, valued at approximately $17,663,000. iShares S&P 500 Growth ETF comprises approximately 12.9% of Gallagher Capital Advisors LLC’s holdings, making the stock its biggest holding.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 1.7% in the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after acquiring an additional 255,991 shares during the last quarter. Stifel Financial Corp raised its position in iShares S&P 500 Growth ETF by 0.3% in the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after purchasing an additional 22,565 shares during the period. PNC Financial Services Group Inc. lifted its stake in iShares S&P 500 Growth ETF by 2.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock worth $556,201,000 after purchasing an additional 148,960 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $456,880,000. Finally, Park Avenue Securities LLC grew its stake in shares of iShares S&P 500 Growth ETF by 0.4% in 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 in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.3 %

IVW stock opened at $96.55 on Monday. The business’s fifty day moving average price is $103.14 and its 200 day moving average price is $99.62. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14. The company has a market capitalization of $53.31 billion, a PE ratio of 30.05 and a beta of 1.08.

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.