WealthSpring Partners LLC Purchases 5,621 Shares of iShares Core S&P U.S. Growth ETF $IUSG

WealthSpring Partners LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,621 shares of the company’s stock, valued at approximately $1,089,000. iShares Core S&P U.S. Growth ETF comprises about 1.2% of WealthSpring Partners LLC’s portfolio, making the stock its 22nd largest position.

A number of other hedge funds also recently modified their holdings of IUSG. Bank of America Corp DE grew its stake in shares of iShares Core S&P U.S. Growth ETF by 21.3% in the first quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock worth $8,185,862,000 after purchasing an additional 9,267,343 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares Core S&P U.S. Growth ETF by 10.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock valued at $595,533,000 after buying an additional 298,332 shares during the last quarter. Royal Bank of Canada grew its position in shares of iShares Core S&P U.S. Growth ETF by 13.6% in the 1st quarter. Royal Bank of Canada now owns 1,220,118 shares of the company’s stock valued at $189,253,000 after buying an additional 145,703 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares Core S&P U.S. Growth ETF by 10.8% in the first quarter. PNC Financial Services Group Inc. now owns 1,114,250 shares of the company’s stock valued at $172,831,000 after buying an additional 108,893 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of iShares Core S&P U.S. Growth ETF by 3.7% in the first quarter. Cetera Investment Advisers now owns 638,079 shares of the company’s stock valued at $98,972,000 after buying an additional 22,484 shares during the period.

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

Shares of IUSG traded down $3.79 during mid-day trading on Wednesday, reaching $193.09. 365,463 shares of the company were exchanged, compared to its average volume of 678,350. iShares Core S&P U.S. Growth ETF has a 52 week low of $148.39 and a 52 week high of $200.01. The stock has a market capitalization of $33.97 billion, a PE ratio of 32.52 and a beta of 1.16. The business has a 50 day simple moving average of $192.66 and a two-hundred day simple moving average of $184.90.

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. Shareholders of record on Tuesday, September 15th were given a dividend of $0.2445 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.98 dividend on an annualized basis and a yield of 0.5%. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356.

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.