iShares S&P 500 Growth ETF $IVW Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,657,682 shares of the company’s stock after buying an additional 4,190 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.30% of iShares S&P 500 Growth ETF worth $227,981,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Decker Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the first quarter valued at $2,991,000. Chatterton & Associates Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 33.5% during the 1st quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock worth $5,306,000 after purchasing an additional 11,089 shares during the period. Pinkerton Wealth LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 4.3% during the 4th quarter. Pinkerton Wealth LLC now owns 215,108 shares of the company’s stock worth $26,514,000 after purchasing an additional 8,870 shares during the period. Arcadia Wealth Management LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 68.2% during the 2nd quarter. Arcadia Wealth Management LLC now owns 19,508 shares of the company’s stock worth $2,683,000 after purchasing an additional 7,908 shares during the period. Finally, MML Investors Services LLC increased its position in shares of iShares S&P 500 Growth ETF by 10.9% during the 4th quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock worth $449,308,000 after purchasing an additional 358,496 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.3%

Shares of IVW opened at $139.60 on Tuesday. The firm has a market cap of $76.21 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $143.26. The company’s 50-day moving average price is $137.30 and its 200 day moving average price is $130.28.

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.