Black Cypress Capital Management LLC Has $120,000 Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Black Cypress Capital Management LLC trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 23.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,292 shares of the company’s stock after selling 400 shares during the quarter. iShares S&P 500 Growth ETF accounts for 0.1% of Black Cypress Capital Management LLC’s holdings, making the stock its 24th biggest holding. Black Cypress Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $120,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in shares of 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 purchasing an additional 2,350,072 shares in the last quarter. Sofi Wealth LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 4,023.6% during the 1st quarter. Sofi Wealth LLC now owns 1,857,008 shares of the company’s stock worth $172,386,000 after purchasing an additional 1,811,974 shares in the last quarter. Liberty Wealth Management LLC grew its holdings in shares of 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 purchasing an additional 1,132,541 shares in the last quarter. Lido Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 49.7% during the 4th quarter. Lido Advisors LLC now owns 3,127,477 shares of the company’s stock worth $317,533,000 after purchasing an additional 1,038,548 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of 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 purchasing an additional 988,955 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $115.80 on Friday. The firm has a market cap of $63.45 billion, a P/E ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $116.38. The business’s fifty day moving average is $110.54 and its 200-day moving average is $102.25.

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.