StoneX Group Inc. Buys New Holdings in iShares Core S&P U.S. Growth ETF $IUSG

StoneX Group Inc. bought a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,955 shares of the company’s stock, valued at approximately $559,000.

A number of other institutional investors have also recently made changes to their positions in IUSG. Formidable Asset Management LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter worth approximately $229,000. Merkkuri Wealth Advisors LLC lifted its position in iShares Core S&P U.S. Growth ETF by 1.6% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 43,507 shares of the company’s stock valued at $8,430,000 after acquiring an additional 704 shares in the last quarter. Asset Dedication LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at approximately $59,000. United Advisor Group LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 3.5% during the 3rd quarter. United Advisor Group LLC now owns 5,631 shares of the company’s stock valued at $1,091,000 after purchasing an additional 190 shares during the last quarter. Finally, Phoenix Wealth Advisors boosted its stake in iShares Core S&P U.S. Growth ETF by 0.8% during the 3rd quarter. Phoenix Wealth Advisors now owns 48,787 shares of the company’s stock valued at $9,452,000 after purchasing an additional 378 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Trading Up 1.7%

Shares of IUSG opened at $183.41 on Thursday. The company has a market cap of $32.62 billion, a price-to-earnings ratio of 24.95 and a beta of 1.16. The business’s fifty day simple moving average is $190.40 and its two-hundred day simple moving average is $180.79. iShares Core S&P U.S. Growth ETF has a 12 month low of $148.39 and a 12 month high of $200.01.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.2445 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. This represents a $0.98 dividend on an annualized basis and a dividend yield of 0.5%.

iShares Core S&P U.S. Growth ETF 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

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

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