Pinnacle Financial Partners Inc Cuts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Pinnacle Financial Partners Inc lowered its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of IVW. Hantz Financial Services Inc. purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter worth $40,000. Compass Financial Services Inc purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $40,000. POM Investment Strategies LLC lifted its position in shares of iShares S&P 500 Growth ETF by 194.8% during the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after buying an additional 302 shares during the last quarter. Valued Wealth Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 160.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after buying an additional 370 shares during the last quarter. Finally, Copley Financial Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $64,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $103.43 on Friday. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The business’s fifty day moving average price is $104.04 and its 200-day moving average price is $98.94. The stock has a market capitalization of $57.71 billion, a PE ratio of 33.87 and a beta of 1.07.

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.