iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Unusually-High Trading Volume – Still a Buy?

Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw strong trading volume on Friday . 1,965,129 shares changed hands during trading, an increase of 210% from the previous session’s volume of 633,192 shares.The stock last traded at $129.90 and had previously closed at $126.86.

iShares Core S&P U.S. Growth ETF Trading Up 2.4 %

The firm has a market cap of $19.59 billion, a PE ratio of 29.39 and a beta of 1.06. The firm has a fifty day simple moving average of $140.29 and a two-hundred day simple moving average of $136.86.

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

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

Institutional Investors Weigh In On iShares Core S&P U.S. Growth ETF

A number of large investors have recently modified their holdings of the stock. Atala Financial Inc purchased a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter worth about $25,000. Transce3nd LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter worth approximately $27,000. Noble Wealth Management PBC purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter valued at approximately $34,000. Ameriflex Group Inc. bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter valued at approximately $36,000. Finally, Mogy Joel R Investment Counsel Inc. grew its stake in iShares Core S&P U.S. Growth ETF by 316.7% in the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock worth $35,000 after purchasing an additional 190 shares during the period.

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.