iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Large Volume Increase – What’s Next?

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) shares saw unusually-strong trading volume on Tuesday . Approximately 1,098,964 shares were traded during trading, an increase of 34% from the previous session’s volume of 817,311 shares.The stock last traded at $169.70 and had previously closed at $168.88.

iShares Core S&P U.S. Growth ETF Trading Up 0.5%

The firm has a market cap of $26.60 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11. The company has a fifty day moving average price of $167.62 and a 200-day moving average price of $161.34.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a $0.2627 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $1.05 annualized dividend and a dividend yield of 0.6%. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25.

Hedge Funds Weigh In On iShares Core S&P U.S. Growth ETF

A number of large investors have recently added to or reduced their stakes in the stock. Park Avenue Securities LLC lifted its holdings in iShares Core S&P U.S. Growth ETF by 3.6% during the fourth quarter. Park Avenue Securities LLC now owns 18,776 shares of the company’s stock valued at $3,153,000 after purchasing an additional 655 shares in the last quarter. Miller Global Investments LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $199,000. Tudor Investment Corp ET AL acquired a new stake in iShares Core S&P U.S. Growth ETF in the 3rd quarter worth about $1,069,000. Garde Capital Inc. increased its stake in iShares Core S&P U.S. Growth ETF by 1.6% during the 3rd quarter. Garde Capital Inc. now owns 33,909 shares of the company’s stock worth $5,579,000 after buying an additional 537 shares in the last quarter. Finally, IFP Advisors Inc raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 40.5% during the third quarter. IFP Advisors Inc now owns 2,552 shares of the company’s stock valued at $420,000 after acquiring an additional 735 shares during the last quarter.

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.