Valpey Financial Services LLC Takes Position in iShares Core S&P U.S. Growth ETF $IUSG

Valpey Financial Services LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the second quarter, HoldingsChannel reports. The firm bought 22,329 shares of the company’s stock, valued at approximately $3,358,000. iShares Core S&P U.S. Growth ETF makes up approximately 2.3% of Valpey Financial Services LLC’s holdings, making the stock its 18th largest holding.

A number of other hedge funds have also recently modified their holdings of IUSG. Brighton Jones LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock valued at $1,702,000 after buying an additional 199 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 12,608.0% during the 1st quarter. GAMMA Investing LLC now owns 36,726 shares of the company’s stock valued at $4,667,000 after buying an additional 36,437 shares in the last quarter. NBC Securities Inc. bought a new position in iShares Core S&P U.S. Growth ETF in the 1st quarter worth about $66,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares Core S&P U.S. Growth ETF by 67.9% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 277 shares of the company’s stock worth $35,000 after purchasing an additional 112 shares in the last quarter. Finally, Signal Advisors Wealth LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 1st quarter worth about $217,000.

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

Shares of iShares Core S&P U.S. Growth ETF stock opened at $165.08 on Monday. The stock has a market cap of $25.30 billion, a price-to-earnings ratio of 32.52 and a beta of 1.06. The firm’s 50-day moving average is $159.28 and its 200 day moving average is $145.58. iShares Core S&P U.S. Growth ETF has a 1 year low of $108.91 and a 1 year high of $166.16.

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

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were paid a $0.2487 dividend. This represents a $0.99 dividend on an annualized basis 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.

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.