Nicolet Bankshares Inc. Sells 14,096 Shares of iShares S&P 500 Growth ETF $IVW

Nicolet Bankshares Inc. cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 107,585 shares of the company’s stock after selling 14,096 shares during the quarter. iShares S&P 500 Growth ETF comprises 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 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IVW. Davis Capital Management bought a new position in iShares S&P 500 Growth ETF during the third quarter worth $28,000. Howe & Rusling Inc. raised its stake in iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $30,000. Financial Consulate Inc. bought a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at $41,000. Finally, Optiver Holding B.V. acquired a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth $46,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $116.72 on Friday. The firm’s 50-day moving average is $121.67 and its 200-day moving average 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. The company has a market cap of $62.66 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

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.