Hilltop National Bank Trims Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Hilltop National Bank reduced its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,241 shares of the company’s stock after selling 1,451 shares during the quarter. iShares S&P 500 Growth ETF comprises 1.0% of Hilltop National Bank’s investment portfolio, making the stock its 19th biggest position. Hilltop National Bank’s holdings in iShares S&P 500 Growth ETF were worth $3,273,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of IVW. Envestnet Asset Management Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 47.0% in the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after acquiring an additional 15,673,824 shares during the period. International Assets Investment Management LLC lifted its stake in iShares S&P 500 Growth ETF by 10,365.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock worth $151,740,000 after purchasing an additional 1,569,612 shares in the last quarter. Sanctuary Advisors LLC bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter valued at $100,688,000. The Manufacturers Life Insurance Company purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $82,464,000. Finally, Cetera Investment Advisers increased its holdings in shares of iShares S&P 500 Growth ETF by 30.5% in the second quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock worth $307,291,000 after purchasing an additional 775,318 shares during the period.

iShares S&P 500 Growth ETF Stock Down 1.7 %

Shares of IVW stock traded down $1.73 on Friday, reaching $100.81. The company’s stock had a trading volume of 660,850 shares, compared to its average volume of 1,856,955. iShares S&P 500 Growth ETF has a 12-month low of $74.61 and a 12-month high of $105.64. The stock’s 50 day simple moving average is $101.71 and its 200-day simple moving average is $96.30. The company has a market capitalization of $52.81 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.