Cetera Investment Advisers Increases Position in iShares Core S&P U.S. Growth ETF $IUSG

Cetera Investment Advisers raised its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 638,079 shares of the company’s stock after purchasing an additional 22,484 shares during the period. Cetera Investment Advisers’ holdings in iShares Core S&P U.S. Growth ETF were worth $98,972,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. First Trust Advisors LP lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 5.8% during the first quarter. First Trust Advisors LP now owns 2,372 shares of the company’s stock valued at $368,000 after purchasing an additional 129 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 10.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,114,250 shares of the company’s stock worth $172,831,000 after buying an additional 108,893 shares during the last quarter. Madison Asset Management LLC increased its position in iShares Core S&P U.S. Growth ETF by 3,987.6% during the 1st quarter. Madison Asset Management LLC now owns 121,279 shares of the company’s stock valued at $18,812,000 after buying an additional 118,312 shares in the last quarter. Summit Global Investments increased its position in iShares Core S&P U.S. Growth ETF by 5.9% during the 1st quarter. Summit Global Investments now owns 2,135 shares of the company’s stock valued at $331,000 after buying an additional 118 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC bought a new position in iShares Core S&P U.S. Growth ETF during the 1st quarter valued at approximately $160,000.

iShares Core S&P U.S. Growth ETF Trading Down 1.7%

Shares of NASDAQ:IUSG opened at $182.80 on Friday. The stock has a fifty day simple moving average of $186.68 and a two-hundred day simple moving average of $174.29. 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 stock has a market capitalization of $31.32 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 declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.2356 per share. The ex-dividend date was Monday, June 15th. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. This represents a $0.94 annualized dividend and a dividend yield of 0.5%.

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.