NBT Bank N.A. Makes New $2.12 Million Investment in iShares Core S&P U.S. Growth ETF $IUSG

NBT Bank N.A. purchased a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 10,945 shares of the company’s stock, valued at approximately $2,121,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IUSG. Root Financial Partners LLC purchased a new position in iShares Core S&P U.S. Growth ETF during the third quarter valued at $124,000. Arwa LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the third quarter worth about $2,924,000. Axxcess Wealth Management LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 5.1% during the 3rd quarter. Axxcess Wealth Management LLC now owns 4,618 shares of the company’s stock worth $895,000 after purchasing an additional 226 shares during the last quarter. Albion Financial Group UT acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter worth about $356,000. Finally, Fifth Third Securities Inc. purchased a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $1,095,000.

iShares Core S&P U.S. Growth ETF Trading Down 2.7%

Shares of iShares Core S&P U.S. Growth ETF stock opened at $187.04 on Friday. iShares Core S&P U.S. Growth ETF has a twelve month low of $148.39 and a twelve month high of $200.01. The firm has a market capitalization of $32.93 billion, a PE ratio of 32.52 and a beta of 1.16. The firm’s 50-day moving average price is $192.30 and its 200 day moving average price is $186.70.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.2445 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This is an increase 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 dividend 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.