PNC Financial Services Group Inc. Has $556.20 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

PNC Financial Services Group Inc. boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 5,478,191 shares of the company’s stock after buying an additional 148,960 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $556,201,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of IVW. QRG Capital Management Inc. grew its stake in iShares S&P 500 Growth ETF by 44.4% in the 3rd quarter. QRG Capital Management Inc. now owns 13,330 shares of the company’s stock valued at $1,276,000 after buying an additional 4,099 shares during the last quarter. Advisor Resource Council acquired a new position in iShares S&P 500 Growth ETF in the 3rd quarter valued at about $288,000. Mainstream Capital Management LLC acquired a new position in iShares S&P 500 Growth ETF in the 3rd quarter valued at about $603,000. TFB Advisors LLC grew its stake in iShares S&P 500 Growth ETF by 2.2% in the 3rd quarter. TFB Advisors LLC now owns 8,669 shares of the company’s stock valued at $830,000 after buying an additional 184 shares during the last quarter. Finally, Verity Asset Management Inc. grew its stake in iShares S&P 500 Growth ETF by 7.9% in the 3rd quarter. Verity Asset Management Inc. now owns 37,532 shares of the company’s stock valued at $3,593,000 after buying an additional 2,750 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $96.55 on Friday. The firm’s 50-day simple moving average is $103.14 and its 200 day simple moving average is $99.54. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14. The firm has a market cap of $53.87 billion, a P/E ratio of 33.87 and a beta of 1.07.

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.