First Commonwealth Financial Corp PA Acquires 1,992 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

First Commonwealth Financial Corp PA lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,694 shares of the company’s stock after buying an additional 1,992 shares during the quarter. iShares S&P 500 Growth ETF comprises 0.6% of First Commonwealth Financial Corp PA’s portfolio, making the stock its 27th biggest holding. First Commonwealth Financial Corp PA’s holdings in iShares S&P 500 Growth ETF were worth $2,460,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. CreativeOne Wealth LLC grew its stake in shares of iShares S&P 500 Growth ETF by 33.4% during the third quarter. CreativeOne Wealth LLC now owns 524,147 shares of the company’s stock valued at $50,187,000 after purchasing an additional 131,159 shares during the last quarter. Freedom Investment Management Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 15.4% during the third quarter. Freedom Investment Management Inc. now owns 5,663 shares of the company’s stock valued at $542,000 after purchasing an additional 756 shares during the last quarter. Cadence Bank bought a new stake in shares of iShares S&P 500 Growth ETF during the third quarter valued at approximately $2,740,000. BNP Paribas Financial Markets grew its stake in shares of iShares S&P 500 Growth ETF by 35.6% during the third quarter. BNP Paribas Financial Markets now owns 162,318 shares of the company’s stock valued at $15,542,000 after purchasing an additional 42,616 shares during the last quarter. Finally, Elios Financial Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the third quarter valued at approximately $2,425,000.

iShares S&P 500 Growth ETF Trading Down 0.5 %

Shares of IVW traded down $0.53 during mid-day trading on Wednesday, hitting $100.13. 354,209 shares of the company traded hands, compared to its average volume of 2,857,439. iShares S&P 500 Growth ETF has a one year low of $71.93 and a one year high of $101.55. The business has a 50-day moving average of $97.34 and a 200 day moving average of $93.19. The stock has a market capitalization of $52.46 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF 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.