iShares Core S&P U.S. Growth ETF $IUSG Shares Sold by PMG Wealth Management Inc.

PMG Wealth Management Inc. lessened its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 18.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,115 shares of the company’s stock after selling 908 shares during the quarter. PMG Wealth Management Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $619,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IUSG. Brown Advisory Inc. boosted its stake in iShares Core S&P U.S. Growth ETF by 8.5% in the 1st quarter. Brown Advisory Inc. now owns 2,618 shares of the company’s stock worth $333,000 after buying an additional 206 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 192.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 26,802 shares of the company’s stock valued at $3,437,000 after purchasing an additional 17,638 shares in the last quarter. Cerity Partners LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 23.4% in the 1st quarter. Cerity Partners LLC now owns 8,274 shares of the company’s stock valued at $1,051,000 after purchasing an additional 1,570 shares in the last quarter. Johnson Investment Counsel Inc. acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the 1st quarter valued at about $235,000. Finally, Fifth Third Bancorp lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 5.8% in the 1st quarter. Fifth Third Bancorp now owns 3,300 shares of the company’s stock valued at $419,000 after purchasing an additional 180 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Stock Performance

Shares of NASDAQ:IUSG opened at $163.37 on Friday. iShares Core S&P U.S. Growth ETF has a one year low of $108.91 and a one year high of $166.00. The business’s 50-day simple moving average is $158.23 and its 200 day simple moving average is $144.23. The company has a market cap of $25.27 billion, a P/E ratio of 32.52 and a beta of 1.06.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.2487 per share. The ex-dividend date was Tuesday, September 16th. This represents a $0.99 annualized dividend and a yield of 0.6%. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21.

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.