Pinnacle Financial Partners Inc Reduces Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Pinnacle Financial Partners Inc decreased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 75,387 shares of the company’s stock after selling 1,160 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares S&P 500 Growth ETF were worth $7,625,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Dakota Wealth Management lifted its holdings in iShares S&P 500 Growth ETF by 1.2% during the 4th quarter. Dakota Wealth Management now owns 7,935 shares of the company’s stock worth $806,000 after purchasing an additional 97 shares in the last quarter. waypoint wealth counsel lifted its holdings in iShares S&P 500 Growth ETF by 0.4% during the 4th quarter. waypoint wealth counsel now owns 27,282 shares of the company’s stock worth $2,770,000 after purchasing an additional 99 shares in the last quarter. Gradient Investments LLC lifted its holdings in iShares S&P 500 Growth ETF by 2.7% during the 4th quarter. Gradient Investments LLC now owns 3,901 shares of the company’s stock worth $396,000 after purchasing an additional 103 shares in the last quarter. HTLF Bank lifted its holdings in iShares S&P 500 Growth ETF by 2.0% during the 4th quarter. HTLF Bank now owns 5,252 shares of the company’s stock worth $533,000 after purchasing an additional 104 shares in the last quarter. Finally, Boston Family Office LLC lifted its holdings in iShares S&P 500 Growth ETF by 0.4% during the 3rd quarter. Boston Family Office LLC now owns 26,064 shares of the company’s stock worth $2,496,000 after purchasing an additional 105 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $103.43 on Friday. The stock’s 50-day simple moving average is $104.04 and its 200 day simple moving average is $98.94. 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 capitalization of $57.71 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07.

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.