Fingerlakes Wealth Management Inc. Takes $207,000 Position in iShares Core S&P U.S. Growth ETF $IUSG

Fingerlakes Wealth Management Inc. acquired a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 2nd quarter, HoldingsChannel reports. The fund acquired 1,378 shares of the company’s stock, valued at approximately $207,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IUSG. Capital A Wealth Management LLC raised its position in iShares Core S&P U.S. Growth ETF by 705.3% in the 1st quarter. Capital A Wealth Management LLC now owns 306 shares of the company’s stock valued at $39,000 after purchasing an additional 268 shares in the last quarter. Bogart Wealth LLC raised its position in iShares Core S&P U.S. Growth ETF by 56.2% in the 2nd quarter. Bogart Wealth LLC now owns 278 shares of the company’s stock valued at $42,000 after purchasing an additional 100 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the 1st quarter valued at about $47,000. National Bank of Canada FI raised its position in iShares Core S&P U.S. Growth ETF by 50.0% in the 1st quarter. National Bank of Canada FI now owns 450 shares of the company’s stock valued at $57,000 after purchasing an additional 150 shares in the last quarter. Finally, NorthRock Partners LLC raised its position in iShares Core S&P U.S. Growth ETF by 107.1% in the 1st quarter. NorthRock Partners LLC now owns 551 shares of the company’s stock valued at $70,000 after purchasing an additional 285 shares in the last quarter.

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

IUSG stock opened at $165.53 on Tuesday. The firm has a market capitalization of $25.45 billion, a P/E ratio of 32.52 and a beta of 1.06. The business’s 50-day moving average is $161.28 and its two-hundred day moving average is $148.39. iShares Core S&P U.S. Growth ETF has a 1 year low of $108.91 and a 1 year high of $167.15.

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 $0.2487 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.99 dividend on an annualized basis and a yield of 0.6%. This is an increase 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.