Nicolet Bankshares Inc. Sells 1,801 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Nicolet Bankshares Inc. cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,978 shares of the company’s stock after selling 1,801 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 2.8% of Nicolet Bankshares Inc.’s investment portfolio, making the stock its 7th biggest holding. Nicolet Bankshares Inc.’s holdings in iShares S&P 500 Growth ETF were worth $6,628,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of IVW. Capital Investment Counsel Inc acquired a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at $26,000. Rice Partnership LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $30,000. Meridian Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $34,000. Cornerstone Advisors Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at $35,000. Finally, Global Wealth Management Investment Advisory Inc. increased its position in shares of iShares S&P 500 Growth ETF by 100.9% in the 1st quarter. Global Wealth Management Investment Advisory Inc. now owns 219 shares of the company’s stock valued at $38,000 after acquiring an additional 110 shares during the period.

Shares of NYSEARCA IVW traded down $1.06 during mid-day trading on Friday, hitting $179.34. The stock had a trading volume of 428,255 shares, compared to its average volume of 634,282. The stock’s 50 day moving average price is $181.69. iShares S&P 500 Growth ETF has a twelve month low of $140.49 and a twelve month high of $185.23.

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.

Further Reading: Sell-Side Analysts

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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