Cullinan Associates Inc. Acquires Shares of 27,460 iShares Core S&P U.S. Growth ETF $IUSG

Cullinan Associates Inc. bought a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the second quarter, HoldingsChannel reports. The institutional investor bought 27,460 shares of the company’s stock, valued at approximately $3,410,000.

Several other large investors have also made changes to their positions in IUSG. Imprint Wealth LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the third quarter worth about $25,000. Financial Life Planners bought a new position in shares of iShares Core S&P U.S. Growth ETF in the 1st quarter valued at about $26,000. Darwin Wealth Management LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF in the 1st quarter valued at about $34,000. Strive Financial Group LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter worth approximately $40,000. Finally, Physician Wealth Advisors Inc. acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter worth approximately $49,000.

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

IUSG opened at $191.23 on Friday. The firm has a 50 day simple moving average of $187.70 and a 200 day simple moving average of $178.02. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $148.39 and a fifty-two week high of $195.64. The company has a market cap of $33.16 billion, a price-to-earnings ratio of 32.52 and a beta of 1.17.

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

The firm also recently announced 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. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.94 dividend on an annualized basis 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.

About iShares Core S&P U.S. Growth ETF

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.