Claro Advisors LLC Sells 433 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Claro Advisors LLC lessened its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 17.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,074 shares of the company’s stock after selling 433 shares during the quarter. Claro Advisors LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $312,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC grew its stake in iShares Core S&P U.S. Growth ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock valued at $1,702,000 after acquiring an additional 199 shares in the last quarter. Brown Advisory Inc. lifted its stake in iShares Core S&P U.S. Growth ETF by 8.5% in the 1st quarter. Brown Advisory Inc. now owns 2,618 shares of the company’s stock worth $333,000 after purchasing an additional 206 shares in the last quarter. Valeo Financial Advisors LLC boosted its holdings in iShares Core S&P U.S. Growth ETF by 4.8% in the 1st quarter. Valeo Financial Advisors LLC now owns 3,581 shares of the company’s stock valued at $455,000 after purchasing an additional 165 shares during the period. Axxcess Wealth Management LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 10.6% during the 1st quarter. Axxcess Wealth Management LLC now owns 2,107 shares of the company’s stock valued at $268,000 after purchasing an additional 202 shares in the last quarter. Finally, MainStreet Investment Advisors LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter valued at $203,000.

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

iShares Core S&P U.S. Growth ETF stock opened at $165.86 on Friday. 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. The stock has a market cap of $25.57 billion, a P/E ratio of 32.52 and a beta of 1.11. The firm’s fifty day moving average price is $164.16 and its 200-day moving average price is $152.45.

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

The firm also recently declared 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. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Tuesday, September 16th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.6%.

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.