7,000 Shares of iShares Core S&P U.S. Growth ETF $IUSG Bought by Renasant Bank

Renasant Bank purchased a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 7,000 shares of the company’s stock, valued at approximately $1,356,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IUSG. DecisionPoint Financial LLC boosted its position in iShares Core S&P U.S. Growth ETF by 283.3% during the 3rd quarter. DecisionPoint Financial LLC now owns 138 shares of the company’s stock worth $27,000 after buying an additional 102 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the 3rd quarter worth approximately $28,000. Richards Merrill & Peterson Inc. bought a new stake in iShares Core S&P U.S. Growth ETF during the 3rd quarter worth approximately $40,000. Latitude Advisors LLC acquired a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at approximately $44,000. Finally, Compass Financial Management LLC acquired a new position in iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at approximately $49,000.

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

Shares of NASDAQ IUSG opened at $180.42 on Wednesday. The firm has a 50 day moving average price of $190.51 and a two-hundred day moving average price of $180.71. The stock has a market cap of $32.01 billion, a P/E ratio of 24.95 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 52-week low of $148.39 and a 52-week high of $200.01.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $0.2445 dividend. This is a positive change 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 0.5%. The ex-dividend date of this dividend was Tuesday, September 15th.

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.