iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Unusually-High Trading Volume – Still a Buy?

Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw strong trading volume on Wednesday . 600,052 shares changed hands during mid-day trading, an increase of 3% from the previous session’s volume of 584,514 shares.The stock last traded at $140.45 and had previously closed at $140.45.

iShares Core S&P U.S. Growth ETF Stock Down 1.5 %

The stock has a market cap of $21.07 billion, a P/E ratio of 27.75 and a beta of 1.06. The business has a 50 day moving average price of $139.84 and a two-hundred day moving average price of $132.54.

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

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.254 per share. The ex-dividend date was Tuesday, December 17th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25.

Institutional Investors Weigh In On iShares Core S&P U.S. Growth ETF

Several institutional investors have recently bought and sold shares of the company. Venture Visionary Partners LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 1.0% in the third quarter. Venture Visionary Partners LLC now owns 8,198 shares of the company’s stock valued at $1,081,000 after acquiring an additional 78 shares in the last quarter. Nikulski Financial Inc. increased its holdings in iShares Core S&P U.S. Growth ETF by 0.7% in the third quarter. Nikulski Financial Inc. now owns 11,442 shares of the company’s stock valued at $1,509,000 after buying an additional 83 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in shares of iShares Core S&P U.S. Growth ETF by 0.9% in the third quarter. Oppenheimer & Co. Inc. now owns 10,317 shares of the company’s stock valued at $1,361,000 after purchasing an additional 90 shares during the last quarter. Seascape Capital Management grew its position in shares of iShares Core S&P U.S. Growth ETF by 2.4% in the third quarter. Seascape Capital Management now owns 4,211 shares of the company’s stock valued at $555,000 after purchasing an additional 99 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC boosted its position in iShares Core S&P U.S. Growth ETF by 1.8% during the second quarter. Carolinas Wealth Consulting LLC now owns 5,512 shares of the company’s stock worth $703,000 after acquiring an additional 100 shares during the last quarter.

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.