Independent Financial Group LLC Acquires Shares of 23,358 iShares Core S&P U.S. Growth ETF $IUSG

Independent Financial Group LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGFree Report) during the 1st quarter, Holdings Channel reports. The firm acquired 23,358 shares of the company’s stock, valued at approximately $3,623,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IUSG. Kingswood Wealth Advisors LLC raised its stake in iShares Core S&P U.S. Growth ETF by 140.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 11,048 shares of the company’s stock worth $1,855,000 after purchasing an additional 6,453 shares in the last quarter. Tudor Investment Corp ET AL bought a new stake in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $1,069,000. Allspring Global Investments Holdings LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 186.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 19,107 shares of the company’s stock worth $3,213,000 after purchasing an additional 12,436 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 25.7% during the fourth quarter. Farther Finance Advisors LLC now owns 15,028 shares of the company’s stock worth $2,524,000 after purchasing an additional 3,072 shares during the period. Finally, Wealthquest Corp bought a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter worth approximately $694,000.

iShares Core S&P U.S. Growth ETF Trading Down 1.3%

NASDAQ IUSG opened at $183.74 on Friday. iShares Core S&P U.S. Growth ETF has a 1-year low of $148.39 and a 1-year high of $193.85. The company has a 50 day moving average of $186.88 and a 200-day moving average of $173.80. The company has a market cap of $31.45 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16.

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. Shareholders of record on Monday, June 15th were paid a dividend of $0.2356 per share. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, June 15th. This represents a $0.94 dividend on an annualized basis and a yield of 0.5%.

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

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IUSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGFree Report).

Institutional Ownership by Quarter for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

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