Miracle Mile Advisors LLC Lowers Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Miracle Mile Advisors LLC trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 222,111 shares of the company’s stock after selling 2,991 shares during the quarter. Miracle Mile Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $18,755,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of IVW. BKM Wealth Management LLC raised its holdings in iShares S&P 500 Growth ETF by 2.3% in the first quarter. BKM Wealth Management LLC now owns 104,775 shares of the company’s stock valued at $8,847,000 after acquiring an additional 2,375 shares in the last quarter. RHS Financial LLC boosted its position in shares of iShares S&P 500 Growth ETF by 19.8% during the 1st quarter. RHS Financial LLC now owns 10,876 shares of the company’s stock valued at $918,000 after purchasing an additional 1,799 shares in the last quarter. Aviance Capital Partners LLC purchased a new stake in iShares S&P 500 Growth ETF during the first quarter valued at about $235,000. Pettinga Financial Advisors LLC lifted its stake in iShares S&P 500 Growth ETF by 189.0% during the first quarter. Pettinga Financial Advisors LLC now owns 222,982 shares of the company’s stock valued at $18,829,000 after buying an additional 145,836 shares in the last quarter. Finally, Francis Financial Inc. lifted its stake in iShares S&P 500 Growth ETF by 79.2% during the first quarter. Francis Financial Inc. now owns 4,909 shares of the company’s stock valued at $415,000 after buying an additional 2,169 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW traded up $0.69 during mid-day trading on Monday, reaching $93.23. The company had a trading volume of 3,263,750 shares, compared to its average volume of 3,388,782. The company has a market capitalization of $48.84 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock has a fifty day moving average of $87.28 and a two-hundred day moving average of $82.60. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $94.17.

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.