Texas Capital Bank Wealth Management Services Inc Has $1.40 Million Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Texas Capital Bank Wealth Management Services Inc lowered its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,815 shares of the company’s stock after selling 406 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares S&P 500 Growth ETF were worth $1,403,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC raised its holdings in iShares S&P 500 Growth ETF by 10,066.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after buying an additional 421,703 shares during the period. Advyzon Investment Management LLC bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $420,000. Encompass Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 2.0% in the 4th quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock worth $37,319,000 after purchasing an additional 7,349 shares during the period. Amundi increased its holdings in iShares S&P 500 Growth ETF by 464.0% during the 4th quarter. Amundi now owns 13,711 shares of the company’s stock worth $1,392,000 after purchasing an additional 11,280 shares in the last quarter. Finally, Perigon Wealth Management LLC raised its stake in shares of iShares S&P 500 Growth ETF by 3.9% in the 4th quarter. Perigon Wealth Management LLC now owns 104,980 shares of the company’s stock valued at $10,760,000 after purchasing an additional 3,942 shares during the period.

iShares S&P 500 Growth ETF Trading Down 2.7 %

Shares of IVW stock traded down $2.50 on Thursday, hitting $89.82. 412,736 shares of the stock were exchanged, compared to its average volume of 2,408,660. The business has a 50-day moving average of $97.63 and a 200 day moving average of $99.49. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14. The firm has a market capitalization of $49.44 billion, a P/E ratio of 30.22 and a beta of 1.08.

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.