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

Northwestern Mutual Wealth Management Co. decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 80.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 329,946 shares of the company’s stock after selling 1,347,993 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.06% of iShares S&P 500 Growth ETF worth $40,669,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Atria Investments Inc raised its holdings in iShares S&P 500 Growth ETF by 4.6% during the third quarter. Atria Investments Inc now owns 457,419 shares of the company’s stock worth $55,220,000 after purchasing an additional 19,917 shares in the last quarter. Clark Financial Services Group Inc. BD raised its holdings in iShares S&P 500 Growth ETF by 38.7% during the third quarter. Clark Financial Services Group Inc. BD now owns 109,021 shares of the company’s stock worth $13,161,000 after purchasing an additional 30,407 shares in the last quarter. Fortis Capital Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 58.9% during the third quarter. Fortis Capital Advisors LLC now owns 18,152 shares of the company’s stock worth $2,191,000 after purchasing an additional 6,732 shares in the last quarter. AE Wealth Management LLC raised its holdings in iShares S&P 500 Growth ETF by 4.1% during the third quarter. AE Wealth Management LLC now owns 693,299 shares of the company’s stock worth $83,695,000 after purchasing an additional 27,282 shares in the last quarter. Finally, Flagship Wealth Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 27.0% during the third quarter. Flagship Wealth Advisors LLC now owns 49,539 shares of the company’s stock worth $5,980,000 after purchasing an additional 10,534 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.7%

IVW stock opened at $135.81 on Tuesday. iShares S&P 500 Growth ETF has a twelve month low of $100.76 and a twelve month high of $139.10. The company’s 50 day moving average is $123.27 and its two-hundred day moving average is $122.78. The stock has a market cap of $73.60 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.