Integrated Wealth Concepts LLC Raises Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Integrated Wealth Concepts LLC increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 585,025 shares of the company’s stock after purchasing an additional 29,256 shares during the quarter. iShares S&P 500 Growth ETF makes up about 0.7% of Integrated Wealth Concepts LLC’s investment portfolio, making the stock its 22nd largest holding. Integrated Wealth Concepts LLC’s holdings in iShares S&P 500 Growth ETF were worth $56,016,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. 1620 Investment Advisors Inc. bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth about $34,000. Financial Connections Group Inc. bought a new position in iShares S&P 500 Growth ETF during the second quarter valued at approximately $35,000. GPS Wealth Strategies Group LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after acquiring an additional 199 shares during the period. Davis Capital Management lifted its stake in shares of iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after purchasing an additional 181 shares during the period. Finally, Avondale Wealth Management increased its holdings in iShares S&P 500 Growth ETF by 56.1% during the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after buying an additional 156 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $101.65 on Tuesday. iShares S&P 500 Growth ETF has a fifty-two week low of $71.93 and a fifty-two week high of $101.83. The company has a market capitalization of $53.25 billion, a PE ratio of 28.52 and a beta of 1.14. The business’s fifty day moving average is $97.70 and its 200 day moving average is $93.50.

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.