iShares S&P 500 Growth ETF $IVW Shares Sold by SCS Capital Management LLC

SCS Capital Management LLC lowered its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 472,402 shares of the company’s stock after selling 26,650 shares during the period. iShares S&P 500 Growth ETF makes up approximately 0.6% of SCS Capital Management LLC’s portfolio, making the stock its 26th biggest holding. SCS Capital Management LLC owned about 0.09% of iShares S&P 500 Growth ETF worth $58,228,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 0.4% in the third quarter. Envestnet Asset Management Inc. now owns 45,556,746 shares of the company’s stock valued at $5,499,610,000 after purchasing an additional 179,866 shares during the period. UBS Group AG increased its holdings in shares of iShares S&P 500 Growth ETF by 0.9% in the third quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after purchasing an additional 76,602 shares during the period. Raymond James Financial Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 1.2% in the third quarter. Raymond James Financial Inc. now owns 4,309,062 shares of the company’s stock valued at $520,190,000 after purchasing an additional 52,514 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in iShares S&P 500 Growth ETF by 4.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,698,611 shares of the company’s stock worth $455,891,000 after acquiring an additional 147,279 shares during the period. Finally, Lido Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 6.5% during the third quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock worth $439,354,000 after acquiring an additional 221,311 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $140.36 on Monday. The business’s fifty day moving average price is $126.70 and its 200 day moving average price is $123.64. iShares S&P 500 Growth ETF has a 1-year low of $102.32 and a 1-year high of $140.82. The firm has a market capitalization of $76.07 billion, a PE ratio of 33.33 and a beta of 1.17.

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.