iShares S&P 500 Growth ETF $IVW Stock Position Increased by Clark Financial Services Group Inc. BD

Clark Financial Services Group Inc. BD boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 38.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,021 shares of the company’s stock after buying an additional 30,407 shares during the period. iShares S&P 500 Growth ETF makes up 7.0% of Clark Financial Services Group Inc. BD’s investment portfolio, making the stock its 4th biggest holding. Clark Financial Services Group Inc. BD’s holdings in iShares S&P 500 Growth ETF were worth $13,161,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Ameriprise Financial Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 6.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock valued at $935,874,000 after purchasing an additional 547,663 shares during the period. PNC Financial Services Group Inc. grew its holdings in iShares S&P 500 Growth ETF by 1.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,568,243 shares of the company’s stock valued at $613,064,000 after buying an additional 76,455 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in iShares S&P 500 Growth ETF by 1.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 3,599,847 shares of the company’s stock valued at $396,343,000 after buying an additional 66,596 shares in the last quarter. Lido Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 6.4% during the second quarter. Lido Advisors LLC now owns 3,418,138 shares of the company’s stock valued at $376,337,000 after buying an additional 205,322 shares during the period. Finally, MML Investors Services LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.4% in the second quarter. MML Investors Services LLC now owns 3,333,902 shares of the company’s stock worth $367,063,000 after buying an additional 13,849 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.6%

IVW stock opened at $124.31 on Tuesday. The firm has a 50 day moving average of $123.12 and a 200-day moving average of $119.80. The firm has a market capitalization of $66.64 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.