RFG Bristol Wealth Advisors LLC Has $4.30 Million Position in iShares Core S&P U.S. Growth ETF $IUSG

RFG Bristol Wealth Advisors LLC lessened its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 72.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 26,144 shares of the company’s stock after selling 68,202 shares during the period. iShares Core S&P U.S. Growth ETF comprises 1.3% of RFG Bristol Wealth Advisors LLC’s portfolio, making the stock its 19th largest holding. RFG Bristol Wealth Advisors LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $4,302,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in IUSG. Bank of America Corp DE grew its holdings in iShares Core S&P U.S. Growth ETF by 0.8% during the 2nd quarter. Bank of America Corp DE now owns 43,464,067 shares of the company’s stock worth $6,536,996,000 after acquiring an additional 348,725 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 2,049,968 shares of the company’s stock worth $308,315,000 after purchasing an additional 32,376 shares in the last quarter. Blue Trust Inc. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 4.8% during the second quarter. Blue Trust Inc. now owns 1,975,369 shares of the company’s stock valued at $297,095,000 after purchasing an additional 90,129 shares during the last quarter. Merit Financial Group LLC increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 37.3% in the second quarter. Merit Financial Group LLC now owns 1,539,575 shares of the company’s stock valued at $231,552,000 after purchasing an additional 418,656 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in iShares Core S&P U.S. Growth ETF by 5.9% in the 2nd quarter. Raymond James Financial Inc. now owns 1,315,986 shares of the company’s stock worth $197,924,000 after purchasing an additional 73,036 shares during the last quarter.

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

Shares of IUSG opened at $168.88 on Tuesday. The business’s fifty day moving average price is $167.62 and its two-hundred day moving average price is $161.34. The firm has a market capitalization of $26.47 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 52 week low of $108.91 and a 52 week high of $172.33.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $0.2627 per share. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Tuesday, December 16th.

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.