iShares Core S&P U.S. Growth ETF $IUSG Shares Bought by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. grew its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 4.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,773 shares of the company’s stock after acquiring an additional 398 shares during the period. Morris Financial Concepts Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $1,470,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brown Advisory Inc. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 8.5% during the 1st quarter. Brown Advisory Inc. now owns 2,618 shares of the company’s stock valued at $333,000 after acquiring an additional 206 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 192.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 26,802 shares of the company’s stock valued at $3,437,000 after acquiring an additional 17,638 shares during the period. Cerity Partners LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 23.4% during the 1st quarter. Cerity Partners LLC now owns 8,274 shares of the company’s stock valued at $1,051,000 after acquiring an additional 1,570 shares during the period. Greenleaf Trust acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 2nd quarter valued at approximately $244,000. Finally, DAVENPORT & Co LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 12.5% during the 2nd quarter. DAVENPORT & Co LLC now owns 3,375 shares of the company’s stock valued at $508,000 after acquiring an additional 374 shares during the period.

iShares Core S&P U.S. Growth ETF Trading Down 0.7%

IUSG stock opened at $163.41 on Wednesday. The firm has a 50 day moving average of $160.63 and a 200-day moving average of $147.12. iShares Core S&P U.S. Growth ETF has a 12-month low of $108.91 and a 12-month high of $167.15. The company has a market cap of $25.09 billion, a price-to-earnings ratio of 32.52 and a beta of 1.06.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a dividend of $0.2487 per share. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.6%.

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.