iShares Core S&P U.S. Growth ETF $IUSG Shares Sold by Valmark Advisers Inc.

Valmark Advisers Inc. reduced its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 5.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,859 shares of the company’s stock after selling 10,757 shares during the period. Valmark Advisers Inc. owned about 0.11% of iShares Core S&P U.S. Growth ETF worth $29,139,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Imprint Wealth LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the third quarter valued at $25,000. Financial Life Planners acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter worth $26,000. Realta Investment Advisors boosted its position 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 worth $27,000 after buying an additional 138 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Core S&P U.S. Growth ETF during the fourth quarter worth about $34,000. Finally, Darwin Wealth Management LLC acquired a new position in iShares Core S&P U.S. Growth ETF during the first quarter worth about $34,000.

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

Shares of NASDAQ IUSG traded up $1.08 on Friday, hitting $189.39. The company’s stock had a trading volume of 362,989 shares, compared to its average volume of 789,404. iShares Core S&P U.S. Growth ETF has a 12-month low of $148.39 and a 12-month high of $193.85. The company has a market capitalization of $32.44 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. The stock has a 50 day moving average of $186.40 and a 200-day moving average of $173.20.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.2356 per share. The ex-dividend date was Monday, June 15th. This represents a $0.94 annualized dividend and a dividend yield of 0.5%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18.

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.