Swmg LLC Raises Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Swmg LLC boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.1% in the fourth quarter, Holdings Channel reports. The fund owned 127,028 shares of the company’s stock after acquiring an additional 9,471 shares during the period. iShares S&P 500 Growth ETF accounts for 5.4% of Swmg LLC’s investment portfolio, making the stock its 2nd biggest holding. Swmg LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. LPL Financial LLC boosted its holdings in 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 valued at $1,501,637,000 after purchasing an additional 255,991 shares during the period. Stifel Financial Corp increased its stake in iShares S&P 500 Growth ETF by 0.3% during the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after acquiring an additional 22,565 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock worth $510,274,000 after acquiring an additional 134,169 shares during the period. Park Avenue Securities LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 0.4% during the 4th quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock worth $387,595,000 after purchasing an additional 15,623 shares in the last quarter. Finally, Huntington National Bank increased its position in shares of iShares S&P 500 Growth ETF by 0.3% during the third quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock valued at $245,126,000 after purchasing an additional 7,447 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $104.19 on Friday. iShares S&P 500 Growth ETF has a one year low of $77.20 and a one year high of $107.14. The stock has a fifty day moving average price of $103.03 and a 200 day moving average price of $97.27. The stock has a market cap of $54.59 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.