Northwestern Mutual Wealth Management Co. Lowers Holdings in iShares S&P 500 Growth ETF $IVW

Northwestern Mutual Wealth Management Co. lowered its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,656,326 shares of the company’s stock after selling 3,554 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.30% of iShares S&P 500 Growth ETF worth $182,361,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVW. Flaharty Asset Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at approximately $26,000. Ryan Investment Management Inc. bought a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $36,000. Morgan Dempsey Capital Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth $44,000. ST Germain D J Co. Inc. grew its position in shares of iShares S&P 500 Growth ETF by 655.4% during the second quarter. ST Germain D J Co. Inc. now owns 423 shares of the company’s stock valued at $47,000 after purchasing an additional 367 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in shares of iShares S&P 500 Growth ETF during the first quarter valued at about $56,000.

iShares S&P 500 Growth ETF Trading Up 0.6%

Shares of iShares S&P 500 Growth ETF stock opened at $123.10 on Friday. The firm has a market cap of $66.82 billion, a PE ratio of 33.33 and a beta of 1.11. The stock has a 50 day moving average of $121.58 and a 200 day moving average of $114.42. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61.

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.