Global View Capital Management LLC Acquires Shares of 89,147 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Global View Capital Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 89,147 shares of the company’s stock, valued at approximately $9,049,000. iShares S&P 500 Growth ETF comprises 3.2% of Global View Capital Management LLC’s holdings, making the stock its 7th largest position.

A number of other institutional investors have also modified their holdings of the stock. LPL Financial LLC raised 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 valued at $1,501,637,000 after buying an additional 255,991 shares during the last quarter. Stifel Financial Corp raised 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 valued at $715,775,000 after buying an additional 22,565 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 2.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock valued at $556,201,000 after buying an additional 148,960 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $456,880,000. Finally, Park Avenue Securities LLC raised its stake 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 valued at $387,595,000 after buying an additional 15,623 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $92.95 on Tuesday. The stock has a 50-day simple moving average of $102.95 and a two-hundred day simple moving average of $99.62. The firm has a market capitalization of $51.33 billion, a P/E ratio of 30.05 and a beta of 1.08. 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 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.