Allworth Financial LP Decreases Position in iShares Core S&P U.S. Growth ETF $IUSG

Allworth Financial LP decreased its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.7% in the second quarter, Holdings Channel.com reports. The firm owned 415,167 shares of the company’s stock after selling 15,882 shares during the period. Allworth Financial LP’s holdings in iShares Core S&P U.S. Growth ETF were worth $78,089,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Waverly Advisors LLC lifted its position in iShares Core S&P U.S. Growth ETF by 20.8% in the second quarter. Waverly Advisors LLC now owns 9,880 shares of the company’s stock worth $1,858,000 after buying an additional 1,703 shares during the last quarter. Range Advisory LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the second quarter valued at $319,000. Allianz Asset Management GmbH raised its stake in shares of iShares Core S&P U.S. Growth ETF by 115.3% in the second quarter. Allianz Asset Management GmbH now owns 145,904 shares of the company’s stock valued at $27,443,000 after acquiring an additional 78,125 shares during the period. Brown Lisle Cummings Inc. lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 1,737.9% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 533 shares of the company’s stock worth $100,000 after acquiring an additional 504 shares during the last quarter. Finally, Corient Private Wealth LP boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 24.0% during the 2nd quarter. Corient Private Wealth LP now owns 550,068 shares of the company’s stock worth $103,462,000 after purchasing an additional 106,417 shares during the period.

iShares Core S&P U.S. Growth ETF Stock Down 0.5%

NASDAQ:IUSG traded down $0.98 during mid-day trading on Tuesday, hitting $190.93. 406,621 shares of the stock traded hands, compared to its average volume of 719,113. iShares Core S&P U.S. Growth ETF has a 52 week low of $148.39 and a 52 week high of $195.64. The stock has a market capitalization of $33.11 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. The firm’s 50 day moving average is $188.53 and its two-hundred day moving average is $179.21.

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. Stockholders of record on Monday, June 15th were paid a dividend of $0.2356 per share. 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 dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 15th.

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