Modera Wealth Management LLC acquired a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 351,853 shares of the company’s stock, valued at approximately $68,172,000.
Several other institutional investors have also recently bought and sold shares of IUSG. Bank of America Corp DE boosted its position in iShares Core S&P U.S. Growth ETF by 21.3% in the 1st quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock valued at $8,185,862,000 after buying an additional 9,267,343 shares during the last quarter. Envestnet Asset Management Inc. increased its stake 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 period. Royal Bank of Canada raised its position in shares of iShares Core S&P U.S. Growth ETF by 13.6% during the first quarter. Royal Bank of Canada now owns 1,220,118 shares of the company’s stock worth $189,253,000 after acquiring an additional 145,703 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF by 10.8% during the first quarter. PNC Financial Services Group Inc. now owns 1,114,250 shares of the company’s stock worth $172,831,000 after acquiring an additional 108,893 shares during the last quarter. Finally, Corient Private Wealth LP raised its position in shares of iShares Core S&P U.S. Growth ETF by 24.0% during the second quarter. Corient Private Wealth LP now owns 550,068 shares of the company’s stock worth $103,462,000 after acquiring an additional 106,417 shares during the last quarter.
iShares Core S&P U.S. Growth ETF Stock Down 2.6%
Shares of IUSG opened at $183.54 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 firm has a market capitalization of $32.46 billion, a PE ratio of 32.52 and a beta of 1.16. The stock’s fifty day simple moving average is $191.82 and its 200-day simple moving average is $180.27.
iShares Core S&P U.S. Growth ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.2445 dividend. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. This represents a $0.98 dividend on an annualized basis and a yield of 0.5%.
iShares Core S&P U.S. Growth ETF 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.
See Also
- Five stocks we like better than iShares Core S&P U.S. Growth ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Want to see what other hedge funds are holding IUSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Free Report).
Receive News & Ratings for iShares Core S&P U.S. Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P U.S. Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
