PNC Financial Services Group Inc. Boosts Stock Position in iShares Core S&P U.S. Growth ETF $IUSG

PNC Financial Services Group Inc. lifted its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 10.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,114,250 shares of the company’s stock after acquiring an additional 108,893 shares during the period. PNC Financial Services Group Inc. owned approximately 0.66% of iShares Core S&P U.S. Growth ETF worth $172,831,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in IUSG. Madison Asset Management LLC raised its stake in shares of iShares Core S&P U.S. Growth ETF by 3,987.6% during the 1st quarter. Madison Asset Management LLC now owns 121,279 shares of the company’s stock valued at $18,812,000 after purchasing an additional 118,312 shares during the period. Summit Global Investments lifted its holdings in iShares Core S&P U.S. Growth ETF by 5.9% during the 1st quarter. Summit Global Investments now owns 2,135 shares of the company’s stock worth $331,000 after purchasing an additional 118 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 1st quarter worth about $160,000. Parallel Advisors LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 0.7% in the 1st quarter. Parallel Advisors LLC now owns 9,087 shares of the company’s stock worth $1,409,000 after purchasing an additional 60 shares during the period. Finally, Windward Private Wealth Management Inc. grew its holdings in iShares Core S&P U.S. Growth ETF by 2.6% during the 1st quarter. Windward Private Wealth Management Inc. now owns 30,592 shares of the company’s stock valued at $4,745,000 after buying an additional 785 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Stock Down 0.2%

Shares of IUSG opened at $185.94 on Thursday. The business’s 50-day moving average price is $186.82 and its 200-day moving average price is $174.19. iShares Core S&P U.S. Growth ETF has a twelve month low of $148.39 and a twelve month high of $193.85. The stock has a market cap of $31.86 billion, a PE ratio of 32.52 and a beta of 1.16.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.2356 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, June 15th.

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.