Argent Trust Co Boosts Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Argent Trust Co lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 125,007 shares of the company’s stock after buying an additional 272 shares during the period. Argent Trust Co’s holdings in iShares S&P 500 Growth ETF were worth $12,692,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Raymond James Financial Inc. acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $456,880,000. Wealthfront Advisers LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $350,009,000. FIL Ltd bought a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at about $309,434,000. LPL Financial LLC lifted its stake in iShares S&P 500 Growth ETF by 14.4% in the fourth quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock valued at $1,821,488,000 after buying an additional 2,257,493 shares during the period. Finally, Wells Fargo & Company MN grew its stake in iShares S&P 500 Growth ETF by 6.4% in the 4th quarter. Wells Fargo & Company MN now owns 16,602,697 shares of the company’s stock valued at $1,685,672,000 after purchasing an additional 999,882 shares during the period.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock traded down $2.69 during trading hours on Thursday, reaching $89.63. The company had a trading volume of 91,702 shares, compared to its average volume of 2,407,647. The company has a 50-day moving average price of $97.63 and a 200 day moving average price of $99.49. 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 cap of $49.34 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08.

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.