RPG Investment Advisory LLC Cuts Stock Position in iShares Core S&P U.S. Growth ETF $IUSG

RPG Investment Advisory LLC trimmed its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 48.0% during the 2nd quarter, Holdings Channel.com reports. The fund owned 4,468 shares of the company’s stock after selling 4,118 shares during the period. RPG Investment Advisory LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $672,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IUSG. GSG Advisors LLC raised its stake in iShares Core S&P U.S. Growth ETF by 0.6% during the 2nd quarter. GSG Advisors LLC now owns 10,537 shares of the company’s stock valued at $1,585,000 after purchasing an additional 66 shares during the period. Acropolis Investment Management LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 7.2% during the second quarter. Acropolis Investment Management LLC now owns 1,353 shares of the company’s stock valued at $203,000 after buying an additional 91 shares during the last quarter. Meridian Wealth Management LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 1.9% in the second quarter. Meridian Wealth Management LLC now owns 5,148 shares of the company’s stock worth $774,000 after buying an additional 96 shares in the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 0.6% in the first 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 in the last quarter. Finally, Courier Capital LLC boosted its position in shares of iShares Core S&P U.S. Growth ETF by 6.1% during the second quarter. Courier Capital LLC now owns 1,736 shares of the company’s stock worth $261,000 after acquiring an additional 100 shares during the last quarter.

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

IUSG opened at $165.21 on Tuesday. The stock has a market capitalization of $25.47 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11. The company has a fifty day moving average of $165.44 and a 200 day moving average of $155.82. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $108.91 and a fifty-two week high of $172.33.

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 given a dividend of $0.2487 per share. 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. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.6%.

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.