Nolet Wealth Management LLC Acquires New Position in iShares S&P 500 Growth ETF $IVW

Nolet Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 28,970 shares of the company’s stock, valued at approximately $3,571,000. iShares S&P 500 Growth ETF makes up 2.0% of Nolet Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding.

Other large investors have also bought and sold shares of the company. United Bank increased its position in shares of iShares S&P 500 Growth ETF by 4.6% during the second quarter. United Bank now owns 52,096 shares of the company’s stock valued at $5,736,000 after acquiring an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at $600,000. Russell Investments Group Ltd. increased its holdings in shares of iShares S&P 500 Growth ETF by 13.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after purchasing an additional 707 shares in the last quarter. First Trust Advisors LP increased its holdings in iShares S&P 500 Growth ETF by 15.4% in the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after buying an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth about $244,000.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $137.96 on Friday. The company’s 50-day simple moving average is $133.19 and its two-hundred day simple moving average is $125.20. The stock has a market capitalization of $74.77 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52-week low of $104.21 and a 52-week high of $141.98.

About iShares S&P 500 Growth ETF

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.