Northwestern Mutual Wealth Management Co. Purchases 5,600 Shares of iShares S&P 500 Growth ETF $IVW

Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,659,880 shares of the company’s stock after acquiring an additional 5,600 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.30% of iShares S&P 500 Growth ETF worth $154,087,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. TrinityPoint Wealth LLC increased its position in iShares S&P 500 Growth ETF by 1.5% during the fourth quarter. TrinityPoint Wealth LLC now owns 7,051 shares of the company’s stock worth $716,000 after acquiring an additional 103 shares during the period. Silverlake Wealth Management LLC increased its position in iShares S&P 500 Growth ETF by 4.5% during the first quarter. Silverlake Wealth Management LLC now owns 2,730 shares of the company’s stock worth $253,000 after acquiring an additional 117 shares during the period. Quest 10 Wealth Builders Inc. increased its position in iShares S&P 500 Growth ETF by 6.3% during the first quarter. Quest 10 Wealth Builders Inc. now owns 2,105 shares of the company’s stock worth $195,000 after acquiring an additional 125 shares during the period. Embree Financial Group increased its position in iShares S&P 500 Growth ETF by 3.1% during the first quarter. Embree Financial Group now owns 4,153 shares of the company’s stock worth $385,000 after acquiring an additional 126 shares during the period. Finally, Marino Stram & Associates LLC increased its position in iShares S&P 500 Growth ETF by 0.8% during the first quarter. Marino Stram & Associates LLC now owns 16,564 shares of the company’s stock worth $1,538,000 after acquiring an additional 133 shares during the period.

iShares S&P 500 Growth ETF Trading Up 1.6%

Shares of IVW stock opened at $114.93 on Friday. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $116.38. The firm’s fifty day simple moving average is $111.58 and its 200 day simple moving average is $102.67. The firm has a market capitalization of $62.98 billion, a P/E ratio of 33.33 and a beta of 1.05.

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.