iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Large Volume Increase – Time to Buy?

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) shares saw unusually-strong trading volume on Monday . Approximately 617,163 shares traded hands during trading, an increase of 41% from the previous session’s volume of 436,479 shares.The stock last traded at $131.95 and had previously closed at $131.78.

iShares Core S&P U.S. Growth ETF Trading Up 0.0 %

The firm has a market capitalization of $19.66 billion, a P/E ratio of 27.75 and a beta of 1.06. The business’s fifty day moving average is $130.36 and its 200 day moving average is $125.67.

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

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $0.2513 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. First Trust Direct Indexing L.P. acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the first quarter valued at about $218,000. Diversify Advisory Services LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 1st quarter worth approximately $435,000. Janney Montgomery Scott LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 54.2% during the first quarter. Janney Montgomery Scott LLC now owns 52,640 shares of the company’s stock worth $6,170,000 after buying an additional 18,497 shares during the last quarter. Quent Capital LLC raised its stake in iShares Core S&P U.S. Growth ETF by 1.4% during the 1st quarter. Quent Capital LLC now owns 73,384 shares of the company’s stock valued at $8,601,000 after purchasing an additional 1,028 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new stake in iShares Core S&P U.S. Growth ETF in the 1st quarter valued at $434,000.

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.