AMG National Trust Bank Has $3.09 Million Stock Position in iShares S&P 500 Growth ETF $IVW

AMG National Trust Bank lifted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 24.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 27,341 shares of the company’s stock after buying an additional 5,316 shares during the period. AMG National Trust Bank’s holdings in iShares S&P 500 Growth ETF were worth $3,093,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Strive Financial Group LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $26,000. Turning Point Benefit Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $28,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 174.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $137.89 on Wednesday. The company has a market capitalization of $75.11 billion, a P/E ratio of 33.33 and a beta of 1.17. The company’s 50 day moving average price is $136.59 and its two-hundred day moving average price is $126.81. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $141.98.

iShares S&P 500 Growth ETF Company 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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.