iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Reaches New 52-Week High – Here’s What Happened

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $176.24 and last traded at $176.24, with a volume of 256358 shares traded. The stock had previously closed at $173.71.

iShares Core S&P U.S. Growth ETF Trading Up 1.4%

The business has a 50 day moving average of $162.87 and a 200-day moving average of $165.84. The stock has a market cap of $29.68 billion, a PE ratio of 32.52 and a beta of 1.14.

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

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a $0.1752 dividend. This represents a $0.70 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Tuesday, March 17th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Imprint Wealth LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at approximately $25,000. Realta Investment Advisors grew its stake in shares of iShares Core S&P U.S. Growth ETF by 627.3% in the 4th quarter. Realta Investment Advisors now owns 160 shares of the company’s stock valued at $27,000 after purchasing 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 3rd 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 4th quarter valued at approximately $34,000. Finally, Evolution Wealth Management Inc. lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 53.0% in the 3rd 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 period.

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.