Worthington Financial Partners LLC Invests $1.54 Million in iShares Core S&P U.S. Growth ETF $IUSG

Worthington Financial Partners LLC acquired a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 9,147 shares of the company’s stock, valued at approximately $1,536,000. iShares Core S&P U.S. Growth ETF makes up about 1.4% of Worthington Financial Partners LLC’s portfolio, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in iShares Core S&P U.S. Growth ETF by 4.4% in the fourth quarter. Bank of America Corp DE now owns 43,507,215 shares of the company’s stock valued at $7,306,602,000 after purchasing an additional 1,853,499 shares during the period. LPL Financial LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 1.4% during the 4th quarter. LPL Financial LLC now owns 14,224,602 shares of the company’s stock worth $2,388,880,000 after purchasing an additional 191,247 shares during the period. Valpey Financial Services LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 16,640.2% during the 4th quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock worth $592,041,000 after purchasing an additional 3,504,253 shares during the period. Merit Financial Group LLC raised its position in iShares Core S&P U.S. Growth ETF by 15.2% in the 4th quarter. Merit Financial Group LLC now owns 1,626,452 shares of the company’s stock valued at $273,146,000 after purchasing an additional 214,255 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in iShares Core S&P U.S. Growth ETF by 0.9% in the 4th quarter. JPMorgan Chase & Co. now owns 1,621,371 shares of the company’s stock valued at $272,293,000 after purchasing an additional 14,427 shares in the last quarter.

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

Shares of IUSG opened at $188.68 on Friday. The stock has a 50-day simple moving average of $182.64 and a 200-day simple moving average of $171.32. The stock has a market capitalization of $31.96 billion, a PE ratio of 32.52 and a beta of 1.17. iShares Core S&P U.S. Growth ETF has a 1 year low of $142.55 and a 1 year high of $193.85.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2356 dividend. This represents a $0.94 annualized dividend and a yield of 0.5%. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, June 15th.

About iShares Core S&P U.S. Growth ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

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