Gateway Wealth Partners LLC Invests $796,000 in iShares Core S&P U.S. Growth ETF $IUSG

Gateway Wealth Partners LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGFree Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,129 shares of the company’s stock, valued at approximately $796,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Imprint Wealth LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $25,000. Financial Life Planners bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter worth about $26,000. Realta Investment Advisors raised its position in shares of iShares Core S&P U.S. Growth ETF by 627.3% during the 4th quarter. Realta Investment Advisors now owns 160 shares of the company’s stock worth $27,000 after buying an additional 138 shares in the last quarter. 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 worth approximately $34,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the 1st quarter worth approximately $34,000.

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

iShares Core S&P U.S. Growth ETF stock opened at $176.95 on Thursday. The firm has a 50 day simple moving average of $186.26 and a 200-day simple moving average of $174.59. The stock has a market capitalization of $30.38 billion, a PE ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 12-month low of $148.39 and a 12-month 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. Shareholders of record on Monday, June 15th were given a $0.2356 dividend. This represents a $0.94 dividend on an annualized basis 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 was Monday, June 15th.

iShares Core S&P U.S. Growth ETF Company Profile

(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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