Nolet Wealth Management LLC Invests $3.57 Million in iShares S&P 500 Growth ETF $IVW

Nolet Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 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 portfolio, making the stock its 9th biggest holding.

A number of other large investors also recently bought and sold shares of IVW. Strive Financial Group LLC purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF by 174.4% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $28,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $30,000.

iShares S&P 500 Growth ETF Stock Up 1.7%

iShares S&P 500 Growth ETF stock opened at $137.96 on Friday. iShares S&P 500 Growth ETF has a twelve month low of $104.21 and a twelve month high of $141.98. The company has a market capitalization of $74.77 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock’s 50 day moving average is $133.19 and its 200 day moving average is $125.20.

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.