Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 1.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,664,740 shares of the company’s stock after buying an additional 24,001 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.32% of iShares S&P 500 Growth ETF worth $154,055,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in IVW. CarsonAllaria Wealth Management Ltd. raised its position in shares of iShares S&P 500 Growth ETF by 45.5% during 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 during the period. 1620 Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $34,000. Financial Connections Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $35,000. GPS Wealth Strategies Group LLC boosted its stake in iShares S&P 500 Growth ETF by 91.3% in 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 last quarter. Finally, Avondale Wealth Management raised its stake in shares of iShares S&P 500 Growth ETF by 56.1% in the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after buying an additional 156 shares during the period.
iShares S&P 500 Growth ETF Price Performance
NYSEARCA:IVW opened at $95.26 on Friday. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $97.22. The stock’s fifty day moving average price is $91.56 and its two-hundred day moving average price is $88.87. The company has a market cap of $49.91 billion, a P/E ratio of 28.52 and a beta of 1.14.
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.
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