Amarillo National Bank Reduces Stake in iShares S&P 500 Growth ETF $IVW

Amarillo National Bank lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.7% during the 1st quarter, Holdings Channel reports. The fund owned 294,047 shares of the company’s stock after selling 11,201 shares during the period. iShares S&P 500 Growth ETF comprises approximately 5.9% of Amarillo National Bank’s holdings, making the stock its 5th largest position. Amarillo National Bank’s holdings in iShares S&P 500 Growth ETF were worth $33,260,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brookstone Capital Management increased its stake in iShares S&P 500 Growth ETF by 5.7% in the fourth quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock valued at $29,233,000 after purchasing an additional 12,778 shares during the last quarter. Capital Advantage Inc. raised its stake in iShares S&P 500 Growth ETF by 40.9% during the 4th quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock worth $3,143,000 after acquiring an additional 7,396 shares in the last quarter. Meridian Wealth Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 75.0% in the third quarter. Meridian Wealth Advisors LLC now owns 41,747 shares of the company’s stock valued at $5,040,000 after acquiring an additional 17,896 shares during the last quarter. Embree Financial Group lifted its position in iShares S&P 500 Growth ETF by 61.2% in the fourth quarter. Embree Financial Group now owns 61,699 shares of the company’s stock valued at $7,605,000 after acquiring an additional 23,416 shares during the last quarter. Finally, Lido Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 6.5% in the third quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock valued at $439,354,000 after acquiring an additional 221,311 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $133.71 on Wednesday. The business’s 50-day simple moving average is $134.16 and its 200-day simple moving average is $125.47. iShares S&P 500 Growth ETF has a one year low of $106.74 and a one year high of $141.98. The stock has a market capitalization of $72.46 billion, a P/E ratio of 33.33 and a beta of 1.17.

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. 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.