iShares Core S&P U.S. Growth ETF $IUSG Shares Bought by Merit Financial Group LLC

Merit Financial Group LLC grew its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 15.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,626,452 shares of the company’s stock after buying an additional 214,255 shares during the period. iShares Core S&P U.S. Growth ETF accounts for about 2.2% of Merit Financial Group LLC’s portfolio, making the stock its 3rd biggest holding. Merit Financial Group LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $273,146,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Imprint Wealth LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the third quarter valued at approximately $25,000. Realta Investment Advisors lifted its position in shares of iShares Core S&P U.S. Growth ETF by 627.3% in the fourth quarter. Realta Investment Advisors now owns 160 shares of the company’s stock valued at $27,000 after buying an additional 138 shares during the last quarter. Financial Life Planners acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the third quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter valued at approximately $34,000. Finally, Evolution Wealth Management Inc. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 53.0% in the third quarter. Evolution Wealth Management Inc. now owns 228 shares of the company’s stock valued at $38,000 after buying an additional 79 shares during the last quarter.

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

IUSG opened at $173.19 on Friday. iShares Core S&P U.S. Growth ETF has a 12-month low of $116.51 and a 12-month high of $173.61. The stock has a market cap of $29.14 billion, a price-to-earnings ratio of 32.52 and a beta of 1.14. The business has a 50 day moving average of $162.40 and a 200-day moving average of $165.62.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a $0.1752 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, March 17th.

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.