Amarillo National Bank Reduces Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

by · The Markets Daily

Amarillo National Bank reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 11.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 325,019 shares of the company’s stock after selling 43,299 shares during the period. iShares S&P 500 Growth ETF makes up about 5.7% of Amarillo National Bank’s portfolio, making the stock its 5th biggest holding. Amarillo National Bank owned approximately 0.06% of iShares S&P 500 Growth ETF worth $31,121,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 47.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after buying an additional 15,673,824 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares S&P 500 Growth ETF by 1.5% in the 1st quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock valued at $3,939,972,000 after buying an additional 709,113 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares S&P 500 Growth ETF by 35.2% in the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after buying an additional 4,015,007 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 6.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after purchasing an additional 467,356 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 60.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock valued at $589,623,000 after purchasing an additional 2,404,544 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $97.56 on Friday. The stock’s 50 day simple moving average is $94.36 and its 200 day simple moving average is $90.59. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $98.41. The company has a market cap of $51.11 billion, a P/E ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF Company Profile

(Free Report)

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.

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