Milestone Asset Management Group LLC Has $993,000 Position in iShares S&P 500 Growth ETF $IVW

Milestone Asset Management Group LLC raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 9,022 shares of the company’s stock after purchasing an additional 705 shares during the period. Milestone Asset Management Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $993,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of IVW. Elite Financial Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter valued at $26,000. Flaharty Asset Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter valued at $26,000. Mechanics Financial Corp bought a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter valued at $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter valued at $33,000. Finally, Cloud Capital Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter valued at $36,000.

iShares S&P 500 Growth ETF Trading Up 0.8%

iShares S&P 500 Growth ETF stock opened at $125.57 on Wednesday. The company has a market capitalization of $68.26 billion, a P/E ratio of 33.33 and a beta of 1.11. The firm’s fifty day simple moving average is $119.06 and its 200-day simple moving average is $110.05. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $125.99.

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.