Brown Miller Wealth Management LLC Invests $521,000 in iShares S&P 500 Growth ETF $IVW

Brown Miller Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,320 shares of the company’s stock, valued at approximately $521,000.

Other institutional investors have also added to or reduced their stakes in the company. Sax Wealth Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF by 142.3% during the 2nd quarter. Sax Wealth Advisors LLC now owns 18,003 shares of the company’s stock valued at $1,982,000 after purchasing an additional 10,572 shares in the last quarter. Embree Financial Group lifted its stake in iShares S&P 500 Growth ETF by 358.1% in the third quarter. Embree Financial Group now owns 38,283 shares of the company’s stock valued at $4,621,000 after buying an additional 29,926 shares during the period. Atlantic Union Bankshares Corp boosted its holdings in shares of iShares S&P 500 Growth ETF by 114.0% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 12,691 shares of the company’s stock worth $1,397,000 after buying an additional 6,761 shares in the last quarter. CW Advisors LLC grew its position in shares of iShares S&P 500 Growth ETF by 21.7% during the 2nd quarter. CW Advisors LLC now owns 54,546 shares of the company’s stock worth $6,006,000 after buying an additional 9,719 shares during the period. Finally, Curbstone Financial Management Corp acquired a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $534,000.

iShares S&P 500 Growth ETF Stock Up 0.1%

NYSEARCA:IVW opened at $123.34 on Friday. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $126.61. The company has a fifty day moving average of $123.01 and a 200-day moving average of $117.95. The firm has a market capitalization of $66.96 billion, a P/E ratio of 33.33 and a beta of 1.11.

iShares S&P 500 Growth ETF Company 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.