Northwestern Mutual Wealth Management Co. Boosts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Northwestern Mutual Wealth Management Co. grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,664,740 shares of the company’s stock after acquiring an additional 24,001 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares S&P 500 Growth ETF were worth $154,055,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. 1620 Investment Advisors Inc. bought a new position in iShares S&P 500 Growth ETF during the 2nd quarter valued at about $34,000. Financial Connections Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at approximately $35,000. CarsonAllaria Wealth Management Ltd. increased its stake in shares of iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares in the last quarter. GPS Wealth Strategies Group LLC raised its holdings in iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after acquiring an additional 199 shares during the period. Finally, Avondale Wealth Management lifted its holdings in iShares S&P 500 Growth ETF by 56.1% in the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after purchasing an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.6 %

IVW opened at $95.26 on Friday. The company has a market capitalization of $49.91 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $97.22. The firm has a 50-day simple moving average of $91.56 and a two-hundred day simple moving average of $88.87.

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.