iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Purchased by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. grew its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 193,617 shares of the company’s stock after buying an additional 4,032 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares S&P 500 Growth ETF were worth $17,917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Fisher Asset Management LLC boosted its stake in iShares S&P 500 Growth ETF by 74.3% during the fourth quarter. Fisher Asset Management LLC now owns 5,572 shares of the company’s stock worth $418,000 after buying an additional 2,376 shares during the last quarter. Natixis Advisors L.P. grew its position in iShares S&P 500 Growth ETF by 1.6% in the 4th quarter. Natixis Advisors L.P. now owns 104,464 shares of the company’s stock valued at $7,845,000 after acquiring an additional 1,636 shares in the last quarter. Aveo Capital Partners LLC lifted its position in shares of iShares S&P 500 Growth ETF by 13.4% during the fourth quarter. Aveo Capital Partners LLC now owns 6,602 shares of the company’s stock worth $496,000 after purchasing an additional 779 shares in the last quarter. 9258 Wealth Management LLC lifted its holdings in iShares S&P 500 Growth ETF by 1.3% during the 4th quarter. 9258 Wealth Management LLC now owns 15,322 shares of the company’s stock worth $1,151,000 after buying an additional 198 shares in the last quarter. Finally, National Bank of Canada FI increased its position in shares of iShares S&P 500 Growth ETF by 2.4% during the fourth quarter. National Bank of Canada FI now owns 38,244 shares of the company’s stock worth $2,824,000 after acquiring an additional 899 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

IVW stock traded down $1.98 during mid-day trading on Friday, reaching $88.22. The company had a trading volume of 3,105,709 shares, compared to its average volume of 3,201,502. The firm has a fifty day simple moving average of $91.95 and a 200 day simple moving average of $87.68. The company has a market capitalization of $46.22 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $97.22.

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.