Synergy Investment Management LLC Takes Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Synergy Investment Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,923 shares of the company’s stock, valued at approximately $1,109,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in iShares S&P 500 Growth ETF by 1.7% during 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 in the last quarter. Stifel Financial Corp raised its holdings in iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after buying 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 valued at $510,274,000 after acquiring an additional 134,169 shares in the last quarter. Park Avenue Securities LLC boosted its stake in iShares S&P 500 Growth ETF by 0.4% in 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 during the period. Finally, Huntington National Bank grew its position in iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock worth $245,126,000 after purchasing an additional 7,447 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 2.5 %

Shares of NYSEARCA:IVW opened at $98.60 on Tuesday. The company has a market cap of $55.02 billion, a P/E ratio of 33.87 and a beta of 1.07. The company’s fifty day moving average is $103.73 and its two-hundred day moving average is $99.51. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14.

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.