Nordwand Advisors LLC Acquires New Position in iShares S&P 500 Growth ETF $IVW

Nordwand Advisors LLC bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,340 shares of the company’s stock, valued at approximately $258,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Liberty Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 489.6% in the 1st quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock worth $126,609,000 after acquiring an additional 1,132,541 shares during the last quarter. LPL Financial LLC raised its position in iShares S&P 500 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock worth $1,757,211,000 after purchasing an additional 988,955 shares during the period. Ascent Group LLC lifted its stake in iShares S&P 500 Growth ETF by 341.5% in the first quarter. Ascent Group LLC now owns 806,123 shares of the company’s stock worth $74,832,000 after purchasing an additional 623,555 shares during the last quarter. World Investment Advisors lifted its stake in iShares S&P 500 Growth ETF by 104.4% in the second quarter. World Investment Advisors now owns 744,016 shares of the company’s stock worth $81,916,000 after purchasing an additional 380,049 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in iShares S&P 500 Growth ETF by 1,083.4% during the first quarter. The Manufacturers Life Insurance Company now owns 397,932 shares of the company’s stock valued at $36,940,000 after buying an additional 364,306 shares during the period.

iShares S&P 500 Growth ETF Trading Down 1.1%

Shares of NYSEARCA:IVW opened at $118.69 on Wednesday. The stock has a market capitalization of $64.43 billion, a P/E ratio of 33.33 and a beta of 1.11. The stock’s 50-day moving average price is $121.36 and its 200-day moving average price is $113.48. 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.