iShares Core S&P U.S. Growth ETF $IUSG Stock Bought by IFG Advisory LLC

IFG Advisory LLC raised its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 7.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,677 shares of the company’s stock after purchasing an additional 5,818 shares during the period. IFG Advisory LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $15,825,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. DecisionPoint Financial LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 283.3% during the 3rd quarter. DecisionPoint Financial LLC now owns 138 shares of the company’s stock valued at $27,000 after purchasing an additional 102 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at $28,000. Richards Merrill & Peterson Inc. bought a new stake in iShares Core S&P U.S. Growth ETF in the third quarter worth $40,000. Latitude Advisors LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the third quarter worth $44,000. Finally, Compass Financial Management LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the second quarter worth $49,000.

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

NASDAQ IUSG traded down $1.60 on Friday, hitting $181.20. 655,439 shares of the stock were exchanged, compared to its average volume of 675,083. The stock has a fifty day moving average price of $190.05 and a two-hundred day moving average price of $180.90. The firm has a market capitalization of $32.23 billion, a P/E ratio of 24.95 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 52-week low of $148.39 and a 52-week high of $200.01.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a $0.2445 dividend. This is a boost 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 annualized dividend and a dividend yield of 0.5%.

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.