iShares Core S&P U.S. Growth ETF $IUSG Stake Increased by Kestra Investment Management LLC

Kestra Investment Management LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 40.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,131,808 shares of the company’s stock after buying an additional 326,483 shares during the period. iShares Core S&P U.S. Growth ETF accounts for 4.6% of Kestra Investment Management LLC’s portfolio, making the stock its 5th largest position. Kestra Investment Management LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $190,076,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Imprint Wealth LLC purchased a new stake in iShares Core S&P U.S. Growth ETF during the 3rd quarter worth about $25,000. Realta Investment Advisors raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 627.3% in the 4th quarter. Realta Investment Advisors now owns 160 shares of the company’s stock valued at $27,000 after acquiring an additional 138 shares in the last quarter. Financial Life Planners purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $34,000. Finally, Stone House Investment Management LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $46,000.

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

NASDAQ:IUSG opened at $186.64 on Tuesday. The business’s 50-day moving average price is $171.05 and its two-hundred day moving average price is $168.37. iShares Core S&P U.S. Growth ETF has a twelve month low of $137.88 and a twelve month high of $189.93. The stock has a market cap of $31.62 billion, a P/E ratio of 32.52 and a beta of 1.16.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a $0.1752 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.70 annualized dividend and a dividend yield of 0.4%.

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