iShares Core S&P U.S. Growth ETF $IUSG Shares Sold by Madison Wealth Partners Inc

Madison Wealth Partners Inc trimmed its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.7% during the third quarter, Holdings Channel.com reports. The fund owned 392,985 shares of the company’s stock after selling 15,148 shares during the period. iShares Core S&P U.S. Growth ETF accounts for about 12.8% of Madison Wealth Partners Inc’s investment portfolio, making the stock its biggest position. Madison Wealth Partners Inc’s holdings in iShares Core S&P U.S. Growth ETF were worth $64,662,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Flow Traders U.S. LLC boosted its position in shares of iShares Core S&P U.S. Growth ETF by 400.1% during the second quarter. Flow Traders U.S. LLC now owns 13,844 shares of the company’s stock worth $2,082,000 after buying an additional 11,076 shares during the period. Advisors Capital Management LLC lifted its stake in iShares Core S&P U.S. Growth ETF by 15.4% during the 2nd quarter. Advisors Capital Management LLC now owns 3,759 shares of the company’s stock worth $565,000 after acquiring an additional 501 shares in the last quarter. Bristlecone Advisors LLC lifted its stake in iShares Core S&P U.S. Growth ETF by 915.1% during the 3rd quarter. Bristlecone Advisors LLC now owns 3,756 shares of the company’s stock worth $618,000 after acquiring an additional 3,386 shares in the last quarter. Hershey Financial Advisers LLC purchased a new position in iShares Core S&P U.S. Growth ETF during the 2nd quarter valued at about $561,000. Finally, Intrua Financial LLC acquired a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $566,000.

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

Shares of IUSG opened at $164.04 on Friday. The stock has a market capitalization of $26.71 billion, a PE 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 company’s 50-day simple moving average is $167.71 and its 200-day simple moving average is $165.29.

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. Shareholders of record on Tuesday, December 16th were given a $0.2627 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.05 annualized dividend and a yield of 0.6%. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25.

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