NewEdge Advisors LLC Has $7.80 Million Position in iShares Core S&P U.S. Growth ETF $IUSG

NewEdge Advisors LLC raised its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 15.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,266 shares of the company’s stock after purchasing an additional 6,642 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $7,797,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of iShares Core S&P U.S. Growth ETF by 21.3% in the first quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock valued at $8,185,862,000 after buying an additional 9,267,343 shares during the period. LPL Financial LLC boosted its position in iShares Core S&P U.S. Growth ETF by 1.4% during the 4th quarter. LPL Financial LLC now owns 14,224,602 shares of the company’s stock worth $2,388,880,000 after buying an additional 191,247 shares during the period. Valpey Financial Services LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 16,640.2% during the 4th quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock worth $592,041,000 after acquiring an additional 3,504,253 shares during the last quarter. Merit Financial Group LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 15.2% during the 4th quarter. Merit Financial Group LLC now owns 1,626,452 shares of the company’s stock worth $273,146,000 after acquiring an additional 214,255 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in iShares Core S&P U.S. Growth ETF by 0.9% in the 4th quarter. JPMorgan Chase & Co. now owns 1,621,371 shares of the company’s stock valued at $272,293,000 after acquiring an additional 14,427 shares during the period.

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

IUSG stock opened at $194.19 on Monday. The company has a fifty day moving average price of $186.44 and a 200-day moving average price of $175.59. The company has a market capitalization of $33.67 billion, a P/E ratio of 32.52 and a beta of 1.17. iShares Core S&P U.S. Growth ETF has a 52-week low of $148.39 and a 52-week high of $195.64.

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

The business also recently disclosed 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 yield of 0.5%.

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.