Modera Wealth Management LLC Has $58.30 Million Position in iShares Core S&P U.S. Growth ETF $IUSG

Modera Wealth Management LLC lowered its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 5.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 347,160 shares of the company’s stock after selling 18,083 shares during the quarter. Modera Wealth Management LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $58,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in IUSG. Flow Traders U.S. LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 400.1% during the 2nd quarter. Flow Traders U.S. LLC now owns 13,844 shares of the company’s stock worth $2,082,000 after purchasing an additional 11,076 shares in the last quarter. Bristlecone Advisors LLC increased its position in shares of 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 purchasing an additional 3,386 shares in the last quarter. Hershey Financial Advisers LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 2nd quarter worth about $561,000. Intrua Financial LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter worth approximately $566,000. Finally, Bank of America Corp DE grew its position 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.

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

IUSG stock opened at $157.93 on Tuesday. The business has a fifty day moving average price of $162.59 and a 200 day moving average price of $165.47. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $108.91 and a fifty-two week high of $172.33. The stock has a market capitalization of $26.44 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a $0.1752 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.70 annualized dividend and a yield of 0.4%.

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.