Foundry Financial Group Inc. Reduces Stake in iShares Core S&P U.S. Growth ETF $IUSG

Foundry Financial Group Inc. reduced its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 0.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,017 shares of the company’s stock after selling 161 shares during the period. iShares Core S&P U.S. Growth ETF comprises 3.5% of Foundry Financial Group Inc.’s investment portfolio, making the stock its 11th biggest position. Foundry Financial Group Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $6,169,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares Core S&P U.S. Growth ETF by 67.9% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 277 shares of the company’s stock worth $35,000 after buying an additional 112 shares in the last quarter. Capital A Wealth Management LLC increased its position in iShares Core S&P U.S. Growth ETF by 705.3% during the first quarter. Capital A Wealth Management LLC now owns 306 shares of the company’s stock worth $39,000 after buying an additional 268 shares in the last quarter. Flaharty Asset Management LLC purchased a new position in iShares Core S&P U.S. Growth ETF during the first quarter worth $47,000. National Bank of Canada FI increased its position in iShares Core S&P U.S. Growth ETF by 50.0% during the first quarter. National Bank of Canada FI now owns 450 shares of the company’s stock worth $57,000 after buying an additional 150 shares in the last quarter. Finally, NBC Securities Inc. purchased a new position in iShares Core S&P U.S. Growth ETF during the first quarter worth $66,000.

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

iShares Core S&P U.S. Growth ETF stock opened at $165.28 on Thursday. The stock has a fifty day moving average of $158.88 and a two-hundred day moving average of $144.87. The company has a market capitalization of $25.57 billion, a price-to-earnings ratio of 32.52 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $108.91 and a fifty-two week high of $166.00.

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

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.2487 per share. The ex-dividend date of this dividend 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. This represents a $0.99 annualized dividend and a yield of 0.6%.

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