Texas Capital Bank Wealth Management Services Inc Purchases 29,354 Shares of iShares S&P 500 Growth ETF $IVW

Texas Capital Bank Wealth Management Services Inc grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 45.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 93,303 shares of the company’s stock after acquiring an additional 29,354 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in iShares S&P 500 Growth ETF were worth $11,501,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Little House Capital LLC increased its stake in shares of iShares S&P 500 Growth ETF by 2.0% in the 3rd quarter. Little House Capital LLC now owns 3,993 shares of the company’s stock valued at $482,000 after acquiring an additional 80 shares during the last quarter. Smith Moore & CO. increased its stake in shares of iShares S&P 500 Growth ETF by 2.9% in the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after acquiring an additional 85 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management increased its stake in shares of iShares S&P 500 Growth ETF by 0.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock valued at $1,406,000 after acquiring an additional 86 shares during the last quarter. Proactive Wealth Strategies LLC increased its stake in shares of iShares S&P 500 Growth ETF by 1.0% in the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock valued at $1,087,000 after acquiring an additional 86 shares during the last quarter. Finally, Ignite Planners LLC increased its stake in shares of iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock valued at $241,000 after acquiring an additional 88 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $138.32 on Thursday. The stock has a market cap of $74.96 billion, a PE ratio of 33.33 and a beta of 1.17. The stock has a 50-day moving average of $125.81 and a 200-day moving average of $123.40. iShares S&P 500 Growth ETF has a one year low of $102.32 and a one year high of $139.10.

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. 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.