Parkworth Wealth Management Inc. Acquires New Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Parkworth Wealth Management Inc. acquired a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,736 shares of the company’s stock, valued at approximately $660,000.

A number of other hedge funds have also recently added to or reduced their stakes in IUSG. QRG Capital Management Inc. acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at approximately $243,000. Axxcess Wealth Management LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 14.8% during the 3rd quarter. Axxcess Wealth Management LLC now owns 1,955 shares of the company’s stock valued at $258,000 after acquiring an additional 252 shares during the period. Venturi Wealth Management LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 460.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock valued at $33,000 after acquiring an additional 207 shares during the period. Verus Capital Partners LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 8.0% during the 3rd quarter. Verus Capital Partners LLC now owns 5,665 shares of the company’s stock valued at $747,000 after acquiring an additional 418 shares during the period. Finally, RPG Investment Advisory LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 18.3% during the 3rd quarter. RPG Investment Advisory LLC now owns 4,530 shares of the company’s stock valued at $598,000 after acquiring an additional 700 shares during the period.

iShares Core S&P U.S. Growth ETF Trading Down 0.4 %

IUSG stock opened at $127.20 on Wednesday. The firm has a 50 day moving average of $140.97 and a 200-day moving average of $136.91. iShares Core S&P U.S. Growth ETF has a 12-month low of $109.63 and a 12-month high of $146.99. The company has a market cap of $19.18 billion, a price-to-earnings ratio of 29.39 and a beta of 1.06.

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

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.254 per share. This is a boost from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, December 17th.

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.