Droms Strauss Advisors Inc. MO ADV purchased a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Free Report) in the third quarter, according to its most recent filing with the SEC. The firm purchased 6,345 shares of the company’s stock, valued at approximately $1,229,000.
Several other hedge funds have also recently made changes to their positions in IUSG. Bank of America Corp DE lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 21.3% in the 1st quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock valued at $8,185,862,000 after purchasing an additional 9,267,343 shares during the period. Commonwealth Equity Services LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at $163,476,000. Citizens Financial Group Inc. RI acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at $82,263,000. Modera Wealth Management LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at $68,172,000. Finally, Envestnet Asset Management Inc. boosted its stake in iShares Core S&P U.S. Growth ETF by 10.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock worth $595,533,000 after acquiring an additional 298,332 shares in the last quarter.
iShares Core S&P U.S. Growth ETF Trading Up 1.0%
NASDAQ IUSG traded up $1.70 on Friday, hitting $177.05. 1,429,806 shares of the company were exchanged, compared to its average volume of 675,358. The company has a market cap of $31.38 billion, a PE ratio of 24.95 and a beta of 1.16. The stock has a fifty day moving average of $190.90 and a 200-day moving average of $180.58. iShares Core S&P U.S. Growth ETF has a 12 month low of $148.39 and a 12 month high of $200.01.
iShares Core S&P U.S. Growth ETF Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.2445 per share. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. This represents a $0.98 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Tuesday, September 15th.
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.
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