Integrated Wealth Concepts LLC Has $36.10 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Integrated Wealth Concepts LLC raised its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 262,511 shares of the company’s stock after buying an additional 12,541 shares during the period. Integrated Wealth Concepts LLC’s holdings in iShares S&P 500 Growth ETF were worth $36,103,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in IVW. United Bank lifted its holdings in iShares S&P 500 Growth ETF by 4.6% during the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after buying an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. acquired a new position in iShares S&P 500 Growth ETF in the second quarter valued at approximately $600,000. Russell Investments Group Ltd. raised its holdings in iShares S&P 500 Growth ETF by 13.4% in the second quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after purchasing an additional 707 shares during the period. First Trust Advisors LP grew its position in shares of iShares S&P 500 Growth ETF by 15.4% in the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after purchasing an additional 4,238 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $244,000.

iShares S&P 500 Growth ETF Stock Down 0.5%

Shares of IVW opened at $139.82 on Wednesday. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $143.26. The company has a 50 day moving average of $137.95 and a 200-day moving average of $131.12. The stock has a market capitalization of $76.33 billion, a P/E 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.