Principal Securities Inc. Acquires New Shares in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Principal Securities Inc. bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 434,410 shares of the company’s stock, valued at approximately $32,624,000. iShares S&P 500 Growth ETF accounts for approximately 1.2% of Principal Securities Inc.’s holdings, making the stock its 9th largest position. Principal Securities Inc. owned 0.09% of iShares S&P 500 Growth ETF as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in iShares S&P 500 Growth ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock valued at $2,967,216,000 after purchasing an additional 229,932 shares during the period. Morgan Stanley boosted its holdings in iShares S&P 500 Growth ETF by 5.5% during the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after buying an additional 1,542,503 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 54.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after acquiring an additional 7,681,845 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares S&P 500 Growth ETF by 0.8% during the third quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock valued at $1,229,814,000 after acquiring an additional 138,408 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 8.2% during the third quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock valued at $619,206,000 after buying an additional 682,586 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.1 %

Shares of NYSEARCA:IVW traded up $0.06 during trading on Friday, reaching $84.75. 1,474,530 shares of the company traded hands, compared to its average volume of 3,397,122. The firm has a fifty day simple moving average of $83.27 and a 200 day simple moving average of $77.87. iShares S&P 500 Growth ETF has a 1-year low of $64.47 and a 1-year high of $85.56. The firm has a market cap of $44.26 billion, a P/E ratio of 27.41 and a beta of 1.12.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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