iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stake Lowered by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust cut its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.1% in the fourth quarter, HoldingsChannel reports. The firm owned 10,427 shares of the company’s stock after selling 557 shares during the period. Parkside Financial Bank & Trust’s holdings in iShares S&P 500 Growth ETF were worth $1,059,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of iShares S&P 500 Growth ETF by 1.7% during the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after buying an additional 255,991 shares during the last quarter. Stifel Financial Corp grew its stake in shares of 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 purchasing an additional 22,565 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 2.6% during the third quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after purchasing an additional 134,169 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of iShares S&P 500 Growth ETF by 0.4% during the fourth quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock valued at $387,595,000 after purchasing an additional 15,623 shares during the last quarter. Finally, Huntington National Bank lifted its holdings in iShares S&P 500 Growth ETF by 0.3% in the third quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock valued at $245,126,000 after buying an additional 7,447 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $99.34 on Friday. The company’s 50 day simple moving average is $103.86 and its 200 day simple moving average is $99.26. The firm has a market capitalization of $55.43 billion, a P/E ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14.

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.