Concorde Asset Management LLC Raises Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Concorde Asset Management LLC increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 42,144 shares of the company’s stock after acquiring an additional 4,349 shares during the period. iShares S&P 500 Growth ETF makes up about 2.3% of Concorde Asset Management LLC’s holdings, making the stock its 12th largest holding. Concorde Asset Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,035,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 47.0% in the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after acquiring an additional 15,673,824 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 35.2% in the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after acquiring an additional 4,015,007 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 60.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock valued at $589,623,000 after acquiring an additional 2,404,544 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of iShares S&P 500 Growth ETF by 200.4% in the first quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock valued at $214,926,000 after acquiring an additional 1,698,066 shares in the last quarter. Finally, Park Avenue Securities LLC raised its stake in shares of iShares S&P 500 Growth ETF by 60.1% in the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock valued at $392,725,000 after acquiring an additional 1,593,875 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.1 %

Shares of NYSEARCA IVW opened at $99.63 on Friday. The stock has a market cap of $52.20 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $71.93 and a 12-month high of $101.55. The business’s fifty day simple moving average is $96.93 and its 200-day simple moving average is $92.75.

iShares S&P 500 Growth ETF 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.