Asset Management One Co. Ltd. Invests $18.48 Million in iShares S&P 500 Growth ETF $IVW

Asset Management One Co. Ltd. purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 167,800 shares of the company’s stock, valued at approximately $18,475,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Elite Financial Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at $26,000. Flaharty Asset Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at $26,000. Mechanics Financial Corp acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at $33,000. Finally, Cloud Capital Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at $36,000.

iShares S&P 500 Growth ETF Stock Up 1.0%

Shares of iShares S&P 500 Growth ETF stock opened at $122.67 on Friday. The firm has a market cap of $66.69 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. The business has a fifty day simple moving average of $118.65 and a 200-day simple moving average of $109.44. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $123.00.

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.