Founders Financial Securities LLC Makes New $24.58 Million Investment in iShares Core S&P U.S. Growth ETF $IUSG

Founders Financial Securities LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 126,869 shares of the company’s stock, valued at approximately $24,581,000. iShares Core S&P U.S. Growth ETF comprises 1.2% of Founders Financial Securities LLC’s portfolio, making the stock its 14th largest holding. Founders Financial Securities LLC owned approximately 0.07% of iShares Core S&P U.S. Growth ETF as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Choreo LLC lifted its position in iShares Core S&P U.S. Growth ETF by 2.9% in the third quarter. Choreo LLC now owns 5,247 shares of the company’s stock valued at $1,017,000 after purchasing an additional 150 shares during the period. Foundry Financial Group Inc. grew its holdings in shares of iShares Core S&P U.S. Growth ETF by 56.4% in the 3rd quarter. Foundry Financial Group Inc. now owns 121,061 shares of the company’s stock worth $23,456,000 after acquiring an additional 43,643 shares during the period. D.A. Davidson & CO. acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter worth approximately $3,817,000. BOKF NA purchased a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at approximately $104,000. Finally, Redmond Asset Management LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the third quarter valued at $260,000.

iShares Core S&P U.S. Growth ETF Trading Down 1.3%

Shares of IUSG opened at $188.50 on Friday. iShares Core S&P U.S. Growth ETF has a 12-month low of $148.39 and a 12-month high of $200.01. The stock has a market cap of $33.32 billion, a P/E ratio of 32.52 and a beta of 1.16. The company has a 50-day moving average of $191.93 and a two-hundred day moving average of $180.21.

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

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a $0.2445 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. The ex-dividend date of this dividend was Tuesday, September 15th.

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

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

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