Aurdan Capital Management LLC Takes Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Aurdan Capital Management LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 267,420 shares of the company’s stock, valued at approximately $37,265,000. iShares Core S&P U.S. Growth ETF accounts for 14.3% of Aurdan Capital Management LLC’s holdings, making the stock its largest position. Aurdan Capital Management LLC owned 0.18% of iShares Core S&P U.S. Growth ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IUSG. Bank of America Corp DE increased its position in shares of iShares Core S&P U.S. Growth ETF by 0.7% in the fourth quarter. Bank of America Corp DE now owns 39,498,165 shares of the company’s stock worth $5,504,069,000 after purchasing an additional 287,793 shares during the last quarter. LPL Financial LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 2.9% in the fourth quarter. LPL Financial LLC now owns 15,302,362 shares of the company’s stock worth $2,132,384,000 after purchasing an additional 425,195 shares during the last quarter. Blue Trust Inc. increased its position in shares of iShares Core S&P U.S. Growth ETF by 32.6% in the fourth quarter. Blue Trust Inc. now owns 1,933,528 shares of the company’s stock worth $269,437,000 after purchasing an additional 474,923 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Core S&P U.S. Growth ETF by 7.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,434,056 shares of the company’s stock worth $199,836,000 after purchasing an additional 94,755 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 1.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,357,596 shares of the company’s stock worth $189,181,000 after purchasing an additional 22,928 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Trading Down 0.7%

IUSG stock opened at $138.89 on Friday. The company’s 50 day moving average is $129.29 and its 200 day moving average is $136.33. The stock has a market cap of $21.62 billion, a price-to-earnings ratio of 29.54 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 1-year low of $108.91 and a 1-year high of $146.99.

iShares Core S&P U.S. Growth ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were given a $0.1767 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

iShares Core S&P U.S. Growth ETF Company Profile

The iShares Core S&P U.S. Growth ETF (IUSG) is an exchange-traded fund that is based on the S&P 900 Growth index. The fund tracks an index of US large- and mid-cap growth stocks. The index selects from stocks ranked 1-3000 by market cap based on fundamental growth factors. IUSG was launched on Jul 24, 2000 and is managed by BlackRock.