Norden Group LLC Has $2.13 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Norden Group LLC lowered its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 79.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,616 shares of the company’s stock after selling 66,299 shares during the period. Norden Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,127,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. The Manufacturers Life Insurance Company lifted its position in iShares S&P 500 Growth ETF by 329.5% during the second quarter. The Manufacturers Life Insurance Company now owns 1,708,995 shares of the company’s stock worth $188,160,000 after purchasing an additional 1,311,063 shares during the period. Laurel Wealth Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 11,334.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 770,011 shares of the company’s stock valued at $84,778,000 after buying an additional 763,277 shares in the last quarter. Ascent Group LLC raised its position in shares of iShares S&P 500 Growth ETF by 341.5% in the 1st quarter. Ascent Group LLC now owns 806,123 shares of the company’s stock valued at $74,832,000 after buying an additional 623,555 shares in the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 487.9% during the 2nd quarter. EP Wealth Advisors LLC now owns 679,544 shares of the company’s stock worth $74,818,000 after acquiring an additional 563,960 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 6.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock worth $935,874,000 after acquiring an additional 547,663 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $125.00 on Thursday. The company’s 50 day simple moving average is $122.59 and its 200 day simple moving average is $117.14. The stock has a market capitalization of $67.86 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61.

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. 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.