Asset Management Group Inc. Has $4.17 Million Holdings in iShares S&P 500 Growth ETF $IVW

Asset Management Group Inc. lessened its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.7% during the 1st quarter, HoldingsChannel reports. The fund owned 36,890 shares of the company’s stock after selling 4,398 shares during the period. Asset Management Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,173,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. United Bank lifted its holdings in shares of 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 valued at $5,736,000 after buying an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. bought a new stake in iShares S&P 500 Growth ETF in the second quarter worth approximately $600,000. Russell Investments Group Ltd. grew its position 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 acquiring an additional 707 shares in the last quarter. First Trust Advisors LP increased its stake in shares of iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after purchasing an additional 4,238 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $244,000.

iShares S&P 500 Growth ETF Trading Down 0.6%

iShares S&P 500 Growth ETF stock opened at $132.83 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $141.98. The firm’s fifty day simple moving average is $136.45 and its 200-day simple moving average is $127.42. The company has a market capitalization of $72.44 billion, a P/E ratio of 33.33 and a beta of 1.17.

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. 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.