Congress Wealth Management LLC DE Acquires 6,258 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Congress Wealth Management LLC DE lifted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 104.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 12,257 shares of the company’s stock after purchasing an additional 6,258 shares during the period. Congress Wealth Management LLC DE’s holdings in iShares S&P 500 Growth ETF were worth $1,244,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC raised its holdings in iShares S&P 500 Growth ETF by 14.4% in the 4th quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock worth $1,821,488,000 after purchasing an additional 2,257,493 shares in the last quarter. Stifel Financial Corp raised its stake 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 worth $715,775,000 after buying an additional 22,565 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in 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 worth $556,201,000 after buying an additional 148,960 shares during the period. Raymond James Financial Inc. bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $456,880,000. Finally, 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 acquiring an additional 15,623 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.7 %

IVW opened at $94.86 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14. The stock has a market cap of $52.22 billion, a PE ratio of 30.22 and a beta of 1.08. The business has a 50 day moving average of $101.04 and a 200-day moving average of $99.77.

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.