iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Plans Quarterly Dividend of $0.26

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) declared a quarterly dividend on Monday, December 15th, NASDAQ Dividends reports. Investors of record on Tuesday, December 16th will be paid a dividend of 0.2627 per share on Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, December 16th. This is a 5.7% increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25.

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

IUSG stock traded down $0.09 during trading on Tuesday, hitting $166.42. 442,964 shares of the stock traded hands, compared to its average volume of 515,043. The stock has a market cap of $25.65 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 1 year low of $108.91 and a 1 year high of $172.33. The firm’s 50 day moving average is $166.66 and its two-hundred day moving average is $158.79.

Hedge Funds Weigh In On iShares Core S&P U.S. Growth ETF

A number of hedge funds have recently added to or reduced their stakes in IUSG. Imprint Wealth LLC purchased a new stake in iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at $25,000. Financial Life Planners bought a new position in shares of iShares Core S&P U.S. Growth ETF during the third quarter valued at $27,000. Evolution Wealth Management Inc. boosted its position in shares of iShares Core S&P U.S. Growth ETF by 53.0% during the third quarter. Evolution Wealth Management Inc. now owns 228 shares of the company’s stock valued at $38,000 after buying an additional 79 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the 2nd quarter worth about $34,000. Finally, Global Wealth Strategies & Associates raised its position in iShares Core S&P U.S. Growth ETF by 54.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 231 shares of the company’s stock worth $38,000 after buying an additional 81 shares during the last quarter.

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

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.