Citizens Financial Group Inc. RI Decreases Position in iShares Core S&P U.S. Growth ETF $IUSG

Citizens Financial Group Inc. RI lessened its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.8% during the first quarter, HoldingsChannel reports. The firm owned 449,559 shares of the company’s stock after selling 17,693 shares during the period. iShares Core S&P U.S. Growth ETF comprises approximately 1.0% of Citizens Financial Group Inc. RI’s portfolio, making the stock its 21st biggest holding. Citizens Financial Group Inc. RI’s holdings in iShares Core S&P U.S. Growth ETF were worth $69,731,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of IUSG. Imprint Wealth LLC bought a new position in iShares Core S&P U.S. Growth ETF during the third quarter valued at $25,000. Financial Life Planners bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the first quarter valued at $26,000. Realta Investment Advisors raised its stake in shares of iShares Core S&P U.S. Growth ETF by 627.3% in the fourth 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 position in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter valued at $34,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter valued at $34,000.

iShares Core S&P U.S. Growth ETF Trading Up 0.6%

Shares of IUSG stock traded up $1.08 on Friday, hitting $189.39. 362,989 shares of the stock were exchanged, compared to its average volume of 789,404. The firm’s 50 day moving average is $186.40 and its two-hundred day moving average is $173.20. iShares Core S&P U.S. Growth ETF has a one year low of $148.39 and a one year high of $193.85. The firm has a market capitalization of $32.44 billion, a PE ratio of 32.52 and a beta of 1.16.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.2356 per share. This represents a $0.94 annualized dividend and a yield of 0.5%. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, June 15th.

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.