Investment Advisory Services Inc. TX ADV Boosts Position in iShares Core S&P U.S. Growth ETF $IUSG

Investment Advisory Services Inc. TX ADV increased its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 1.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,681 shares of the company’s stock after acquiring an additional 409 shares during the quarter. iShares Core S&P U.S. Growth ETF makes up 2.1% of Investment Advisory Services Inc. TX ADV’s investment portfolio, making the stock its 9th largest position. Investment Advisory Services Inc. TX ADV’s holdings in iShares Core S&P U.S. Growth ETF were worth $6,269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Brown Advisory Inc. grew its position in iShares Core S&P U.S. Growth ETF by 8.5% during the 1st quarter. Brown Advisory Inc. now owns 2,618 shares of the company’s stock worth $333,000 after acquiring an additional 206 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in 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 worth $3,437,000 after buying an additional 17,638 shares during the period. Cerity Partners LLC lifted its holdings in 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 worth $1,051,000 after buying an additional 1,570 shares during the period. Johnson Investment Counsel Inc. purchased a new stake in iShares Core S&P U.S. Growth ETF in the 1st quarter worth approximately $235,000. Finally, Fifth Third Bancorp lifted its holdings in 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 worth $419,000 after buying an additional 180 shares during the period.

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

NASDAQ IUSG opened at $163.37 on Monday. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $108.91 and a fifty-two week high of $166.00. The stock has a 50 day simple moving average of $158.23 and a two-hundred day simple moving average of $144.35. The stock 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 $0.2487 dividend. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Tuesday, September 16th. This represents a $0.99 annualized dividend and a yield of 0.6%.

About iShares Core S&P U.S. Growth ETF

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.