Hudock Inc. Grows Stock Position in iShares Core S&P U.S. Growth ETF $IUSG

Hudock Inc. lifted its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 11.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 143,128 shares of the company’s stock after purchasing an additional 14,928 shares during the quarter. iShares Core S&P U.S. Growth ETF accounts for about 3.5% of Hudock Inc.’s portfolio, making the stock its 10th largest position. Hudock Inc. owned about 0.09% of iShares Core S&P U.S. Growth ETF worth $21,527,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Wealth Alliance LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 31.7% in the 2nd quarter. Wealth Alliance LLC now owns 2,280 shares of the company’s stock worth $343,000 after purchasing an additional 549 shares in the last quarter. Cvfg LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the 2nd quarter worth approximately $242,000. Nwam LLC acquired a new position in iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at approximately $512,000. Birchcreek Wealth Management LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 4.1% during the second quarter. Birchcreek Wealth Management LLC now owns 117,182 shares of the company’s stock worth $17,624,000 after purchasing an additional 4,580 shares during the period. Finally, Cahill Financial Advisors Inc. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 3.0% in the second quarter. Cahill Financial Advisors Inc. now owns 16,905 shares of the company’s stock worth $2,542,000 after purchasing an additional 498 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Stock Down 0.2%

Shares of NASDAQ:IUSG opened at $168.47 on Thursday. The firm has a market cap of $25.97 billion, a P/E ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 12-month low of $108.91 and a 12-month high of $172.33. The business has a fifty day simple moving average of $165.07 and a 200 day simple moving average of $153.89.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid 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 dividend yield of 0.6%. This is an increase 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.