Sovereign Financial Group Inc. Acquires 3,146 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Sovereign Financial Group Inc. raised its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 19.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,741 shares of the company’s stock after purchasing an additional 3,146 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $3,062,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Imprint Wealth LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter worth about $25,000. Financial Life Planners purchased a new stake in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $27,000. Realta Investment Advisors boosted its position in iShares Core S&P U.S. Growth ETF by 627.3% in the 4th quarter. Realta Investment Advisors now owns 160 shares of the company’s stock valued at $27,000 after buying an additional 138 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $34,000. Finally, Strive Financial Group LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 4th quarter worth about $40,000.

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

Shares of NASDAQ:IUSG opened at $187.27 on Tuesday. The firm has a market cap of $31.72 billion, a PE ratio of 32.52 and a beta of 1.17. The firm’s 50 day simple moving average is $183.10 and its 200-day simple moving average is $171.48. iShares Core S&P U.S. Growth ETF has a one year low of $142.55 and a one year high of $193.85.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2356 dividend. The ex-dividend date was Monday, June 15th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.5%.

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.