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

Northwestern Mutual Wealth Management Co. trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 80.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 329,946 shares of the company’s stock after selling 1,347,993 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares S&P 500 Growth ETF were worth $40,669,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. Little House Capital LLC grew its position in iShares S&P 500 Growth ETF by 2.0% in the 3rd quarter. Little House Capital LLC now owns 3,993 shares of the company’s stock valued at $482,000 after buying an additional 80 shares during the last quarter. Smith Moore & CO. grew its position in iShares S&P 500 Growth ETF by 2.9% in the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after buying an additional 85 shares during the last quarter. Frazier Financial Advisors LLC grew its position in iShares S&P 500 Growth ETF by 11.4% in the 3rd quarter. Frazier Financial Advisors LLC now owns 843 shares of the company’s stock valued at $102,000 after buying an additional 86 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management grew its position in iShares S&P 500 Growth ETF by 0.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock valued at $1,406,000 after buying an additional 86 shares during the last quarter. Finally, Proactive Wealth Strategies LLC grew its position in iShares S&P 500 Growth ETF by 1.0% in the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock valued at $1,087,000 after buying an additional 86 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $135.81 on Tuesday. The firm’s fifty day moving average price is $123.27 and its 200 day moving average price is $122.78. iShares S&P 500 Growth ETF has a 1-year low of $100.76 and a 1-year high of $139.10. The firm has a market cap of $73.60 billion, a price-to-earnings 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.