Droms Strauss Advisors Inc. MO ADV bought a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 6,345 shares of the company’s stock, valued at approximately $1,229,000.
Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of iShares Core S&P U.S. Growth ETF by 21.3% in the first quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock valued at $8,185,862,000 after buying an additional 9,267,343 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 10.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock worth $595,533,000 after acquiring an additional 298,332 shares during the period. Royal Bank of Canada lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 13.6% in the first quarter. Royal Bank of Canada now owns 1,220,118 shares of the company’s stock worth $189,253,000 after acquiring an additional 145,703 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 10.8% in the first quarter. PNC Financial Services Group Inc. now owns 1,114,250 shares of the company’s stock worth $172,831,000 after acquiring an additional 108,893 shares during the period. Finally, Commonwealth Equity Services LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the third quarter valued at approximately $163,476,000.
iShares Core S&P U.S. Growth ETF Trading Up 1.0%
IUSG stock traded up $1.70 during trading on Friday, hitting $177.05. The company had a trading volume of 1,429,806 shares, compared to its average volume of 675,358. The stock has a market cap of $31.38 billion, a PE ratio of 24.95 and a beta of 1.16. The business has a 50-day moving average of $190.90 and a 200-day moving average of $180.58. iShares Core S&P U.S. Growth ETF has a one year low of $148.39 and a one year high of $200.01.
iShares Core S&P U.S. Growth ETF Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.2445 dividend. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. The ex-dividend date was Tuesday, September 15th. This represents a $0.98 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.
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