Accelerate Investment Advisors LLC Raises Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

by · The Cerbat Gem

Accelerate Investment Advisors LLC lifted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 32.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,797 shares of the company’s stock after purchasing an additional 4,118 shares during the period. iShares S&P 500 Growth ETF comprises approximately 1.5% of Accelerate Investment Advisors LLC’s holdings, making the stock its 16th biggest holding. Accelerate Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,705,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 1.7% during the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after purchasing an additional 255,991 shares during the last quarter. Stifel Financial Corp boosted its stake in shares of iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after purchasing an additional 22,565 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 6.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock worth $680,575,000 after purchasing an additional 467,356 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 2.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock worth $510,274,000 after purchasing an additional 134,169 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of iShares S&P 500 Growth ETF by 30.5% during the 2nd quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock worth $307,291,000 after purchasing an additional 775,318 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.7 %

Shares of IVW stock traded down $0.72 during trading hours on Monday, hitting $100.36. 1,148,579 shares of the company were exchanged, compared to its average volume of 1,930,333. The firm has a market cap of $52.58 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $74.61 and a 1 year high of $105.64. The firm has a fifty day moving average of $101.81 and a 200 day moving average of $96.42.

About iShares S&P 500 Growth ETF

(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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