Transcend Capital Advisors LLC Has $1.71 Million Stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Transcend Capital Advisors LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 8.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,412 shares of the company’s stock after purchasing an additional 1,044 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $1,710,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IUSG. Legacy Financial Group LLC grew its stake in iShares Core S&P U.S. Growth ETF by 1,539.2% in the 1st quarter. Legacy Financial Group LLC now owns 455,135 shares of the company’s stock valued at $53,346,000 after purchasing an additional 427,369 shares during the period. Corient Private Wealth LLC raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 4,090.0% during the 4th quarter. Corient Private Wealth LLC now owns 436,558 shares of the company’s stock valued at $45,446,000 after buying an additional 426,139 shares in the last quarter. Clearbridge Investments LLC increased its stake in iShares Core S&P U.S. Growth ETF by 1,491.7% in the 4th quarter. Clearbridge Investments LLC now owns 331,180 shares of the company’s stock worth $34,476,000 after purchasing an additional 310,373 shares during the period. Cetera Investment Advisers increased its stake in iShares Core S&P U.S. Growth ETF by 564.8% in the 1st quarter. Cetera Investment Advisers now owns 365,085 shares of the company’s stock worth $42,792,000 after purchasing an additional 310,166 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of iShares Core S&P U.S. Growth ETF by 21.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,230,828 shares of the company’s stock valued at $128,129,000 after buying an additional 215,364 shares during the period.

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

IUSG stock traded down $2.84 during midday trading on Friday, hitting $120.80. The stock had a trading volume of 523,260 shares, compared to its average volume of 444,940. The firm has a market cap of $17.96 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06. The business has a 50-day moving average of $126.52 and a two-hundred day moving average of $118.67. iShares Core S&P U.S. Growth ETF has a 52-week low of $90.71 and a 52-week high of $133.65.

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

The firm also recently declared a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a dividend of $0.1445 per share. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date of this dividend was Tuesday, June 11th.

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.