iShares Core S&P U.S. Growth ETF $IUSG Stock: South Shore Capital Advisors Decreases Holdings

South Shore Capital Advisors reduced its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 80.1% in the 3rd quarter, Holdings Channel reports. The firm owned 9,926 shares of the company’s stock after selling 39,934 shares during the quarter. iShares Core S&P U.S. Growth ETF accounts for 1.3% of South Shore Capital Advisors’ investment portfolio, making the stock its 18th largest holding. South Shore Capital Advisors’ holdings in iShares Core S&P U.S. Growth ETF were worth $1,963,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Dagco Inc. boosted its position in iShares Core S&P U.S. Growth ETF by 4.9% during the third quarter. Dagco Inc. now owns 3,121 shares of the company’s stock valued at $605,000 after acquiring an additional 147 shares during the last quarter. Boyd Wealth Management LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 18.6% in the 3rd quarter. Boyd Wealth Management LLC now owns 5,366 shares of the company’s stock worth $1,040,000 after acquiring an additional 841 shares in the last quarter. tru Independence LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $360,000. CWA Asset Management Group LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 6.8% in the 3rd quarter. CWA Asset Management Group LLC now owns 2,187 shares of the company’s stock valued at $424,000 after purchasing an additional 139 shares during the period. Finally, Sterling Investment Counsel LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 5.0% in the 3rd quarter. Sterling Investment Counsel LLC now owns 11,686 shares of the company’s stock valued at $2,264,000 after purchasing an additional 557 shares during the period.

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

Shares of iShares Core S&P U.S. Growth ETF stock traded up $0.19 on Tuesday, hitting $191.21. 279,199 shares of the company’s stock traded hands, compared to its average volume of 673,520. The company has a fifty day moving average of $192.51 and a two-hundred day moving average of $186.01. iShares Core S&P U.S. Growth ETF has a one year low of $148.39 and a one year high of $200.01. The company has a market capitalization of $33.65 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 firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.2445 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356.

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