LaSalle St. Investment Advisors LLC Increases Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

LaSalle St. Investment Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 25.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,452 shares of the company’s stock after purchasing an additional 2,136 shares during the quarter. LaSalle St. Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,061,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in iShares S&P 500 Growth ETF by 1.7% during the 4th quarter. JPMorgan Chase & Co. now owns 44,878,487 shares of the company’s stock worth $4,556,513,000 after buying an additional 764,970 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares S&P 500 Growth ETF by 14.4% during the fourth quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock worth $1,821,488,000 after acquiring an additional 2,257,493 shares during the period. Wells Fargo & Company MN increased its stake in shares of iShares S&P 500 Growth ETF by 6.4% during the fourth quarter. Wells Fargo & Company MN now owns 16,602,697 shares of the company’s stock worth $1,685,672,000 after acquiring an additional 999,882 shares during the period. PNC Financial Services Group Inc. raised its holdings in iShares S&P 500 Growth ETF by 2.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock worth $556,201,000 after purchasing an additional 148,960 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at about $456,880,000.

iShares S&P 500 Growth ETF Trading Up 1.9 %

Shares of IVW opened at $90.39 on Monday. The stock’s 50 day moving average is $97.06 and its two-hundred day moving average is $99.43. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14. The firm has a market capitalization of $49.24 billion, a PE ratio of 28.32 and a beta of 1.12.

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.