United Community Bank Buys 135 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

United Community Bank raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 3,306 shares of the company’s stock after acquiring an additional 135 shares during the quarter. United Community Bank’s holdings in iShares S&P 500 Growth ETF were worth $336,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Strategic Equity Management boosted its stake in shares of iShares S&P 500 Growth ETF by 5.4% in the 4th quarter. Strategic Equity Management now owns 115,605 shares of the company’s stock valued at $11,737,000 after purchasing an additional 5,919 shares in the last quarter. Barings LLC bought a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at about $5,207,000. Amundi boosted its position in iShares S&P 500 Growth ETF by 464.0% in the fourth quarter. Amundi now owns 13,711 shares of the company’s stock valued at $1,392,000 after buying an additional 11,280 shares in the last quarter. Blankinship & Foster LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth approximately $1,426,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 2.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock valued at $556,201,000 after acquiring an additional 148,960 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $96.55 on Friday. The company has a market capitalization of $53.31 billion, a P/E ratio of 30.05 and a beta of 1.08. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The business’s 50 day simple moving average is $103.14 and its 200-day simple moving average is $99.58.

iShares S&P 500 Growth ETF 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.