Next Capital Management LLC Has $5.26 Million Position in iShares S&P 500 Growth ETF $IVW

Next Capital Management LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,773 shares of the company’s stock after buying an additional 1,072 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 1.9% of Next Capital Management LLC’s portfolio, making the stock its 13th largest holding. Next Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,260,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 5.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after purchasing an additional 2,350,072 shares during the last quarter. Liberty Wealth Management LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 489.6% during the 1st quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock valued at $126,609,000 after purchasing an additional 1,132,541 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 5.5% during the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after purchasing an additional 988,955 shares during the last quarter. Pinkerton Retirement Specialists LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 192.5% during the 1st quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock valued at $105,394,000 after purchasing an additional 747,194 shares during the last quarter. Finally, Ascent Group LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 341.5% during the 1st quarter. Ascent Group LLC now owns 806,123 shares of the company’s stock valued at $74,832,000 after purchasing an additional 623,555 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.5%

Shares of iShares S&P 500 Growth ETF stock opened at $125.38 on Tuesday. The firm has a market capitalization of $68.07 billion, a PE ratio of 33.33 and a beta of 1.11. The firm’s 50 day moving average is $119.95 and its 200 day moving average is $111.18. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61.

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.