Maple Capital Management Inc. Invests $236,000 in iShares S&P 500 Growth ETF $IVW

Maple Capital Management Inc. bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,546 shares of the company’s stock, valued at approximately $236,000.

Other large investors also recently made changes to their positions in the company. Elite Financial Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the first quarter worth approximately $26,000. Flaharty Asset Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the first quarter worth approximately $26,000. Mechanics Financial Corp bought a new position in shares of iShares S&P 500 Growth ETF during the first quarter worth approximately $27,000. Copia Wealth Management bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth approximately $30,000. Finally, Whipplewood Advisors LLC bought a new position in shares of iShares S&P 500 Growth ETF during the first quarter worth approximately $32,000.

iShares S&P 500 Growth ETF Trading Up 0.5%

Shares of NYSEARCA IVW opened at $118.87 on Friday. The business’s 50 day moving average is $113.93 and its 200-day moving average is $103.69. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $119.01. The firm has a market cap of $65.13 billion, a P/E ratio of 33.33 and a beta of 1.05.

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.