Zhang Financial LLC Buys New Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Zhang Financial LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,781 shares of the company’s stock, valued at approximately $290,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IUSG. JPMorgan Chase & Co. boosted its position in shares of iShares Core S&P U.S. Growth ETF by 4.4% during the 1st quarter. JPMorgan Chase & Co. now owns 115,063 shares of the company’s stock valued at $12,157,000 after purchasing an additional 4,863 shares in the last quarter. Bank of Montreal Can boosted its holdings in iShares Core S&P U.S. Growth ETF by 8.9% in the first quarter. Bank of Montreal Can now owns 8,311 shares of the company’s stock worth $898,000 after acquiring an additional 679 shares in the last quarter. Prudential Financial Inc. boosted its holdings in iShares Core S&P U.S. Growth ETF by 8.9% in the first quarter. Prudential Financial Inc. now owns 10,653 shares of the company’s stock worth $1,126,000 after acquiring an additional 872 shares in the last quarter. Flow Traders U.S. LLC bought a new position in iShares Core S&P U.S. Growth ETF in the first quarter worth approximately $597,000. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in iShares Core S&P U.S. Growth ETF by 40.1% in the first quarter. Nations Financial Group Inc. IA ADV now owns 5,438 shares of the company’s stock worth $575,000 after acquiring an additional 1,557 shares in the last quarter.

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

Shares of NASDAQ:IUSG opened at $109.98 on Friday. The business’s 50 day simple moving average is $115.04 and its two-hundred day simple moving average is $106.04. The firm has a market cap of $15.97 billion, a P/E ratio of 27.61 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 52-week low of $87.64 and a 52-week high of $118.45.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a $0.1667 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.67 annualized dividend and a yield of 0.61%.

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.