Envestnet Asset Management Inc. Has $595.53 Million Holdings in iShares Core S&P U.S. Growth ETF $IUSG

Envestnet Asset Management Inc. boosted its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 10.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,166,362 shares of the company’s stock after acquiring an additional 298,332 shares during the quarter. Envestnet Asset Management Inc. owned 1.81% of iShares Core S&P U.S. Growth ETF worth $595,533,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Palogic Value Management L.P. purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the second quarter valued at approximately $433,000. MCF Advisors LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at $312,000. Capital Analysts LLC raised its position in iShares Core S&P U.S. Growth ETF by 4.1% in the 2nd quarter. Capital Analysts LLC now owns 2,054 shares of the company’s stock valued at $387,000 after buying an additional 80 shares during the last quarter. NorthRock Partners LLC bought a new position in iShares Core S&P U.S. Growth ETF during the 2nd quarter valued at $234,000. Finally, Integrated Wealth Concepts LLC lifted its stake in iShares Core S&P U.S. Growth ETF by 0.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 132,670 shares of the company’s stock valued at $24,954,000 after acquiring an additional 528 shares in the last quarter.

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

IUSG traded down $1.77 during mid-day trading on Wednesday, reaching $193.78. 479,833 shares of the stock were exchanged, compared to its average volume of 701,253. iShares Core S&P U.S. Growth ETF has a 1 year low of $148.39 and a 1 year high of $196.04. The stock has a market capitalization of $33.90 billion, a PE ratio of 32.52 and a beta of 1.16. The company has a 50 day moving average price of $189.26 and a two-hundred day moving average price of $181.19.

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

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a dividend of $0.2445 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.24. This represents a $0.98 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.