SCS Capital Management LLC Grows Stock Holdings in iShares S&P 500 Growth ETF $IVW

SCS Capital Management LLC grew its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 602,015 shares of the company’s stock after purchasing an additional 29,862 shares during the period. iShares S&P 500 Growth ETF comprises about 0.7% of SCS Capital Management LLC’s holdings, making the stock its 22nd largest holding. SCS Capital Management LLC owned approximately 0.11% of iShares S&P 500 Growth ETF worth $66,282,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Flaharty Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF in the 1st quarter worth approximately $26,000. Ryan Investment Management Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth approximately $36,000. Morgan Dempsey Capital Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth approximately $44,000. ST Germain D J Co. Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 655.4% in the 2nd quarter. ST Germain D J Co. Inc. now owns 423 shares of the company’s stock worth $47,000 after acquiring an additional 367 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at $56,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $124.11 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61. The firm’s fifty day moving average is $121.89 and its 200 day moving average is $115.14. The firm has a market cap of $67.37 billion, a P/E ratio of 33.33 and a beta of 1.11.

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.