5,425 iShares Core S&P U.S. Growth ETF $IUSG Shares Bought by CX Institutional

CX Institutional lifted its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 159,903 shares of the company’s stock after purchasing an additional 5,425 shares during the period. iShares Core S&P U.S. Growth ETF makes up about 0.8% of CX Institutional’s investment portfolio, making the stock its 27th biggest position. CX Institutional owned approximately 0.09% of iShares Core S&P U.S. Growth ETF worth $30,981,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Bank of America Corp DE raised its position in iShares Core S&P U.S. Growth ETF by 21.3% in the 1st quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock worth $8,185,862,000 after purchasing an additional 9,267,343 shares during the last quarter. LPL Financial LLC boosted its position in iShares Core S&P U.S. Growth ETF by 1.4% in the 4th quarter. LPL Financial LLC now owns 14,224,602 shares of the company’s stock valued at $2,388,880,000 after buying an additional 191,247 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Core S&P U.S. Growth ETF by 10.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock valued at $595,533,000 after buying an additional 298,332 shares during the period. Royal Bank of Canada increased its stake in shares of iShares Core S&P U.S. Growth ETF by 13.6% in the 1st quarter. Royal Bank of Canada now owns 1,220,118 shares of the company’s stock valued at $189,253,000 after buying an additional 145,703 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of iShares Core S&P U.S. Growth ETF by 10.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,114,250 shares of the company’s stock valued at $172,831,000 after buying an additional 108,893 shares during the period.

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

Shares of IUSG stock traded up $1.97 on Friday, reaching $196.16. 392,138 shares of the stock were exchanged, compared to its average volume of 689,972. iShares Core S&P U.S. Growth ETF has a one year low of $148.39 and a one year high of $197.19. The stock has a market cap of $34.44 billion, a PE ratio of 32.52 and a beta of 1.16. The stock has a 50 day moving average price of $190.46 and a 200 day moving average price of $182.74.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.2445 dividend. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. This represents a $0.98 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.