Cutler Investment Counsel LLC Has $29.19 Million Stake in iShares Core S&P U.S. Growth ETF $IUSG

Cutler Investment Counsel LLC cut its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 2.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 188,165 shares of the company’s stock after selling 4,469 shares during the quarter. iShares Core S&P U.S. Growth ETF accounts for about 3.0% of Cutler Investment Counsel LLC’s investment portfolio, making the stock its 6th largest holding. Cutler Investment Counsel LLC owned approximately 0.11% of iShares Core S&P U.S. Growth ETF worth $29,186,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of IUSG. Valpey Financial Services LLC increased its stake in iShares Core S&P U.S. Growth ETF by 16,640.2% in the 4th quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock worth $592,041,000 after purchasing an additional 3,504,253 shares during the period. Bank of America Corp DE grew its holdings in shares of iShares Core S&P U.S. Growth ETF by 4.4% in the fourth quarter. Bank of America Corp DE now owns 43,507,215 shares of the company’s stock worth $7,306,602,000 after purchasing an additional 1,853,499 shares during the last quarter. SHP Wealth Management bought a new position in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth approximately $78,328,000. Kestra Investment Management LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 40.5% in the fourth quarter. Kestra Investment Management LLC now owns 1,131,808 shares of the company’s stock worth $190,076,000 after buying an additional 326,483 shares during the period. Finally, Bleakley Financial Group LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 2,061.6% in the fourth quarter. Bleakley Financial Group LLC now owns 228,719 shares of the company’s stock worth $38,411,000 after buying an additional 218,138 shares during the period.

iShares Core S&P U.S. Growth ETF Stock Up 0.2%

NASDAQ:IUSG opened at $184.07 on Tuesday. The company has a fifty day moving average of $186.84 and a 200 day moving average of $173.93. iShares Core S&P U.S. Growth ETF has a 52 week low of $148.39 and a 52 week high of $193.85. The firm has a market capitalization of $31.49 billion, a P/E ratio of 32.52 and a beta of 1.16.

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

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

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.