iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Shares Acquired by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. lifted its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 8.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 17,151 shares of the company’s stock after buying an additional 1,383 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $1,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Castleview Partners LLC acquired a new stake in iShares Core S&P U.S. Growth ETF during the 3rd quarter worth approximately $28,000. Aptus Capital Advisors LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 125.4% in the third quarter. Aptus Capital Advisors LLC now owns 311 shares of the company’s stock valued at $29,000 after buying an additional 173 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter valued at about $31,000. Authentikos Wealth Advisory LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter worth approximately $32,000. Finally, Winch Advisory Services LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the third quarter valued at approximately $36,000.

iShares Core S&P U.S. Growth ETF Trading Down 0.1 %

NASDAQ IUSG traded down $0.13 during mid-day trading on Wednesday, reaching $117.00. 290,718 shares of the company’s stock traded hands, compared to its average volume of 503,650. The company has a fifty day simple moving average of $115.30 and a 200-day simple moving average of $107.69. iShares Core S&P U.S. Growth ETF has a 1-year low of $89.14 and a 1-year high of $118.45. The company has a market cap of $17.06 billion, a price-to-earnings ratio of 26.66 and a beta of 1.06.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a dividend of $0.1667 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.67 dividend on an annualized basis and a yield of 0.57%.

About iShares Core S&P U.S. Growth ETF

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.