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

SCS Capital Management LLC reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 472,402 shares of the company’s stock after selling 26,650 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 0.6% of SCS Capital Management LLC’s portfolio, making the stock its 26th biggest holding. SCS Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $58,228,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its position 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 acquiring an additional 179,866 shares in the last quarter. UBS Group AG lifted its position 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 acquiring an additional 76,602 shares in the last quarter. Raymond James Financial Inc. lifted its position 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 acquiring an additional 52,514 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 4.1% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,698,611 shares of the company’s stock valued at $455,891,000 after acquiring an additional 147,279 shares in the last quarter. Finally, Lido Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 6.5% in the third quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock valued at $439,354,000 after acquiring an additional 221,311 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $140.36 on Monday. The firm has a market capitalization of $76.07 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock has a fifty day moving average price of $126.70 and a 200 day moving average price of $123.64. iShares S&P 500 Growth ETF has a 52 week low of $102.32 and a 52 week high of $140.82.

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.