GWN Securities Inc. Cuts Stock Position in iShares Core S&P U.S. Growth ETF $IUSG

GWN Securities Inc. reduced its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 7.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,035 shares of the company’s stock after selling 416 shares during the quarter. GWN Securities Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $759,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IUSG. Facet Wealth Inc. lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 5.5% in the 2nd quarter. Facet Wealth Inc. now owns 707,698 shares of the company’s stock valued at $110,104,000 after acquiring an additional 36,997 shares during the last quarter. Cobblestone Capital Advisors LLC NY bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at about $223,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at about $212,000. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,049,968 shares of the company’s stock valued at $308,315,000 after acquiring an additional 32,376 shares during the last quarter. Finally, Ingalls & Snyder LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at about $206,000.

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

NASDAQ IUSG opened at $170.96 on Wednesday. iShares Core S&P U.S. Growth ETF has a 1-year low of $108.91 and a 1-year high of $171.54. The stock has a 50-day moving average of $162.44 and a 200-day moving average of $150.39. The firm has a market cap of $26.30 billion, a PE ratio of 32.52 and a beta of 1.11.

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

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a $0.2487 dividend. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.99 dividend on an annualized basis and a dividend 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.