Cullen Frost Bankers Inc. Has $20.87 Million Position in iShares S&P 500 Growth ETF $IVW

Cullen Frost Bankers Inc. reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 189,534 shares of the company’s stock after selling 431 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares S&P 500 Growth ETF were worth $20,868,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in IVW. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Growth ETF by 5.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock worth $4,463,224,000 after acquiring an additional 2,350,072 shares during the period. Liberty Wealth Management LLC increased its stake in iShares S&P 500 Growth ETF by 489.6% during the 1st quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock worth $126,609,000 after acquiring an additional 1,132,541 shares during the period. LPL Financial LLC increased its stake in iShares S&P 500 Growth ETF by 5.5% during the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock worth $1,757,211,000 after acquiring an additional 988,955 shares during the period. Pinkerton Retirement Specialists LLC increased its stake in iShares S&P 500 Growth ETF by 192.5% during the 1st quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock worth $105,394,000 after acquiring an additional 747,194 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. bought a new position in iShares S&P 500 Growth ETF during the 1st quarter worth $65,909,000.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $121.18 on Wednesday. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $122.66. The stock’s fifty day moving average price is $118.30 and its two-hundred day moving average price is $108.65. The firm has a market cap of $65.89 billion, a PE ratio of 33.33 and a beta of 1.05.

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.