Milestone Asset Management Group LLC Makes New Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Milestone Asset Management Group LLC acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, HoldingsChannel reports. The firm acquired 8,230 shares of the company’s stock, valued at approximately $836,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVW. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of iShares S&P 500 Growth ETF by 34.1% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 12,738 shares of the company’s stock worth $1,293,000 after purchasing an additional 3,240 shares in the last quarter. NorthStar Asset Management LLC NJ bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $202,000. RCS Financial Planning LLC raised its stake in shares of iShares S&P 500 Growth ETF by 2.0% during the 4th quarter. RCS Financial Planning LLC now owns 31,700 shares of the company’s stock worth $3,219,000 after purchasing an additional 614 shares in the last quarter. Signature Wealth Management Partners LLC raised its stake in shares of iShares S&P 500 Growth ETF by 2.1% during the 4th quarter. Signature Wealth Management Partners LLC now owns 97,538 shares of the company’s stock worth $9,903,000 after purchasing an additional 2,051 shares in the last quarter. Finally, Verus Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $748,000.

iShares S&P 500 Growth ETF Stock Down 0.4%

Shares of iShares S&P 500 Growth ETF stock opened at $103.43 on Thursday. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $107.14. The stock has a market cap of $55.78 billion, a P/E ratio of 29.66 and a beta of 1.12. The business’s 50 day moving average is $94.79 and its 200-day moving average is $99.38.

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.