iShares S&P 500 Growth ETF $IVW Shares Sold by Nicolet Bankshares Inc.

Nicolet Bankshares Inc. lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.6% in the third quarter, Holdings Channel.com reports. The fund owned 107,585 shares of the company’s stock after selling 14,096 shares during the period. iShares S&P 500 Growth ETF makes up 2.1% of Nicolet Bankshares Inc.’s investment portfolio, making the stock its 10th largest holding. Nicolet Bankshares Inc.’s holdings in iShares S&P 500 Growth ETF were worth $12,988,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. The Manufacturers Life Insurance Company increased its position in shares of iShares S&P 500 Growth ETF by 329.5% during the second quarter. The Manufacturers Life Insurance Company now owns 1,708,995 shares of the company’s stock valued at $188,160,000 after purchasing an additional 1,311,063 shares during the period. Thrivent Financial for Lutherans lifted its position in iShares S&P 500 Growth ETF by 196.9% in the third quarter. Thrivent Financial for Lutherans now owns 1,441,392 shares of the company’s stock worth $174,005,000 after purchasing an additional 955,862 shares during the period. Laurel Wealth Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 11,334.7% in the second quarter. Laurel Wealth Advisors LLC now owns 770,011 shares of the company’s stock worth $84,778,000 after purchasing an additional 763,277 shares during the period. EP Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 487.9% during the second quarter. EP Wealth Advisors LLC now owns 679,544 shares of the company’s stock worth $74,818,000 after buying an additional 563,960 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in iShares S&P 500 Growth ETF by 6.9% during the second quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock worth $935,874,000 after buying an additional 547,663 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $116.72 on Friday. The firm has a market capitalization of $62.66 billion, a PE ratio of 33.33 and a beta of 1.11. The company’s fifty day moving average price is $121.67 and its two-hundred day moving average price is $121.39. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week 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. 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.