Avior Wealth Management LLC Acquires New Stake in iShares Core S&P U.S. Growth ETF $IUSG

Avior Wealth Management LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,245 shares of the company’s stock, valued at approximately $629,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its position 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 worth $8,185,862,000 after acquiring an additional 9,267,343 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 10.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock valued at $595,533,000 after purchasing an additional 298,332 shares during the period. Royal Bank of Canada boosted its position in shares of iShares Core S&P U.S. Growth ETF by 13.6% during the first quarter. Royal Bank of Canada now owns 1,220,118 shares of the company’s stock valued at $189,253,000 after purchasing an additional 145,703 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of iShares Core S&P U.S. Growth ETF by 10.8% during the first quarter. PNC Financial Services Group Inc. now owns 1,114,250 shares of the company’s stock valued at $172,831,000 after purchasing an additional 108,893 shares in the last quarter. Finally, Corient Private Wealth LP boosted its position in shares of iShares Core S&P U.S. Growth ETF by 24.0% during the second quarter. Corient Private Wealth LP now owns 550,068 shares of the company’s stock valued at $103,462,000 after purchasing an additional 106,417 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Stock Down 0.0%

Shares of IUSG stock opened at $193.05 on Friday. The stock has a market cap of $33.98 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. The business’s fifty day moving average is $192.67 and its 200 day moving average is $185.48. iShares Core S&P U.S. Growth ETF has a twelve month low of $148.39 and a twelve month high of $200.01.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given 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 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.