Lane & Associates LLC Boosts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Lane & Associates LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 24,656 shares of the company’s stock after purchasing an additional 950 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 1.3% of Lane & Associates LLC’s investment portfolio, making the stock its 19th largest holding. Lane & Associates LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,569,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. LPL Financial LLC increased its holdings in 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 acquiring an additional 255,991 shares in the last quarter. Stifel Financial Corp increased its holdings in 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 acquiring an additional 22,565 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in 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 valued at $510,274,000 after acquiring an additional 134,169 shares in the last quarter. Park Avenue Securities LLC increased its holdings in 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 acquiring an additional 15,623 shares in the last quarter. Finally, Huntington National Bank increased its holdings in iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock valued at $245,126,000 after acquiring an additional 7,447 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $105.92 on Friday. The company has a market cap of $59.10 billion, a PE ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The company has a 50-day simple moving average of $104.05 and a 200-day simple moving average of $98.72.

About iShares S&P 500 Growth ETF

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.