Rooted Wealth Advisors Inc. Acquires 6,569 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Rooted Wealth Advisors Inc. raised its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 29.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,919 shares of the company’s stock after purchasing an additional 6,569 shares during the quarter. iShares Core S&P U.S. Growth ETF accounts for about 1.5% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 16th largest position. Rooted Wealth Advisors Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $4,374,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. GSG Advisors LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 0.6% in the 2nd quarter. GSG Advisors LLC now owns 10,537 shares of the company’s stock worth $1,585,000 after acquiring an additional 66 shares during the last quarter. ORG Partners LLC increased its position in iShares Core S&P U.S. Growth ETF by 1.9% during the 1st quarter. ORG Partners LLC now owns 4,587 shares of the company’s stock valued at $585,000 after purchasing an additional 85 shares during the period. Larson Financial Group LLC increased its position in iShares Core S&P U.S. Growth ETF by 11.1% during the 1st quarter. Larson Financial Group LLC now owns 949 shares of the company’s stock valued at $121,000 after purchasing an additional 95 shares during the period. EP Wealth Advisors LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 0.6% in the 1st quarter. EP Wealth Advisors LLC now owns 15,645 shares of the company’s stock worth $1,988,000 after buying an additional 97 shares during the last quarter. Finally, Townsquare Capital LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 1.7% in the 1st quarter. Townsquare Capital LLC now owns 6,309 shares of the company’s stock worth $802,000 after buying an additional 106 shares during the last quarter.

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

IUSG stock opened at $164.76 on Monday. The firm has a 50 day moving average of $157.10 and a 200 day moving average of $143.12. The stock has a market capitalization of $25.49 billion, a PE ratio of 32.52 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 52 week low of $108.91 and a 52 week high of $164.91.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a dividend of $0.2487 per share. This represents a $0.99 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21.

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.