iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Hits New 1-Year High – Should You Buy?

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) shares reached a new 52-week high on Wednesday . The stock traded as high as $139.70 and last traded at $139.58, with a volume of 201346 shares trading hands. The stock had previously closed at $139.09.

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

The stock’s 50 day simple moving average is $132.24 and its two-hundred day simple moving average is $127.04. The company has a market capitalization of $20.60 billion, a P/E ratio of 27.75 and a beta of 1.06.

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

The company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.2513 per share. The ex-dividend date was Wednesday, September 25th.

Institutional Trading of iShares Core S&P U.S. Growth ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Venture Visionary Partners LLC lifted its stake in iShares Core S&P U.S. Growth ETF by 1.0% in the third quarter. Venture Visionary Partners LLC now owns 8,198 shares of the company’s stock valued at $1,081,000 after buying an additional 78 shares during the period. Nikulski Financial Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF by 0.7% in the 3rd quarter. Nikulski Financial Inc. now owns 11,442 shares of the company’s stock valued at $1,509,000 after acquiring an additional 83 shares during the period. Oppenheimer & Co. Inc. boosted its stake in iShares Core S&P U.S. Growth ETF by 0.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,317 shares of the company’s stock worth $1,361,000 after acquiring an additional 90 shares during the last quarter. Seascape Capital Management grew its holdings in iShares Core S&P U.S. Growth ETF by 2.4% during the third quarter. Seascape Capital Management now owns 4,211 shares of the company’s stock valued at $555,000 after purchasing an additional 99 shares during the period. Finally, Carolinas Wealth Consulting LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 1.8% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 5,512 shares of the company’s stock worth $703,000 after purchasing an additional 100 shares in the last quarter.

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.