iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Holdings Reduced by Ironwood Wealth Management Inc.

Ironwood Wealth Management Inc. trimmed its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 2.0% in the 1st quarter, HoldingsChannel reports. The firm owned 90,461 shares of the company’s stock after selling 1,857 shares during the quarter. iShares Core S&P U.S. Growth ETF makes up approximately 5.7% of Ironwood Wealth Management Inc.’s portfolio, making the stock its 10th largest holding. Ironwood Wealth Management Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $11,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter worth $177,085,000. Merit Financial Group LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 114.0% during the 1st quarter. Merit Financial Group LLC now owns 1,120,919 shares of the company’s stock valued at $142,446,000 after purchasing an additional 597,055 shares during the last quarter. Blue Trust Inc. grew its position in shares of iShares Core S&P U.S. Growth ETF by 32.6% during the fourth quarter. Blue Trust Inc. now owns 1,933,528 shares of the company’s stock valued at $269,437,000 after purchasing an additional 474,923 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 2.9% during the fourth quarter. LPL Financial LLC now owns 15,302,362 shares of the company’s stock valued at $2,132,384,000 after purchasing an additional 425,195 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 0.7% in the fourth quarter. Bank of America Corp DE now owns 39,498,165 shares of the company’s stock worth $5,504,069,000 after purchasing an additional 287,793 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Trading Up 1.0%

Shares of iShares Core S&P U.S. Growth ETF stock opened at $144.47 on Friday. The firm has a market cap of $22.49 billion, a PE ratio of 30.90 and a beta of 1.06. The stock has a 50 day moving average of $131.76 and a 200 day moving average of $136.64. iShares Core S&P U.S. Growth ETF has a 12 month low of $108.91 and a 12 month high of $146.99.

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

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.1767 per share. The ex-dividend date was Tuesday, March 18th.

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.