Lee Danner & Bass Inc. Invests $122,000 in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Lee Danner & Bass Inc. bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,200 shares of the company’s stock, valued at approximately $122,000.

Several other large investors also recently made changes to their positions in the business. Stifel Financial Corp grew its holdings in shares of iShares S&P 500 Growth ETF by 0.3% during the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after purchasing an additional 22,565 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of 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 valued at $556,201,000 after acquiring an additional 148,960 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $456,880,000. Park Avenue Securities LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 0.4% during the fourth 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 during the period. Finally, Wealthfront Advisers LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $350,009,000.

iShares S&P 500 Growth ETF Stock Up 0.3 %

Shares of IVW opened at $94.91 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14. The firm has a market capitalization of $52.41 billion, a PE ratio of 30.05 and a beta of 1.08. The stock’s fifty day simple moving average is $101.47 and its 200-day simple moving average is $99.59.

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.