Northwestern Mutual Wealth Management Co. Acquires 19,074 Shares of iShares S&P 500 Growth ETF $IVW

Northwestern Mutual Wealth Management Co. grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,697,013 shares of the company’s stock after purchasing an additional 19,074 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares S&P 500 Growth ETF were worth $209,174,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $28,000. Turning Point Benefit Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth $28,000. Darwin Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth $30,000. Howe & Rusling Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 484.1% in the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares during the last quarter. Finally, Entrust Financial LLC bought a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth $33,000.

iShares S&P 500 Growth ETF Stock Up 0.9%

NYSEARCA:IVW opened at $139.60 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $102.32 and a 12-month high of $139.74. The firm has a market capitalization of $75.66 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock’s fifty day simple moving average is $126.23 and its 200-day simple moving average is $123.53.

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.