Philip James Wealth Mangement LLC Sells 838 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Philip James Wealth Mangement LLC cut its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 31.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,811 shares of the company’s stock after selling 838 shares during the quarter. Philip James Wealth Mangement LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $230,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in IUSG. Johnson Investment Counsel Inc. acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter worth about $235,000. Bearing Point Capital LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the fourth quarter worth about $934,000. Jane Street Group LLC boosted its position in iShares Core S&P U.S. Growth ETF by 67.4% during the fourth quarter. Jane Street Group LLC now owns 4,835 shares of the company’s stock valued at $674,000 after purchasing an additional 1,946 shares during the last quarter. Fifth Third Bancorp grew its stake in iShares Core S&P U.S. Growth ETF by 5.8% in the first quarter. Fifth Third Bancorp now owns 3,300 shares of the company’s stock valued at $419,000 after purchasing an additional 180 shares in the last quarter. Finally, Members Wealth LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter worth approximately $318,000.

iShares Core S&P U.S. Growth ETF Stock Up 0.6%

Shares of iShares Core S&P U.S. Growth ETF stock opened at $149.59 on Friday. The stock has a market cap of $23.28 billion, a P/E ratio of 31.18 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 12-month low of $108.91 and a 12-month high of $149.96. The business’s 50 day moving average is $138.99 and its 200-day moving average is $137.24.

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

The company also recently announced a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were issued a dividend of $0.2104 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.56%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Monday, June 16th.

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.