Sterling Capital Management LLC Cuts Stock Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Sterling Capital Management LLC reduced its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 44.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,728 shares of the company’s stock after selling 3,730 shares during the period. Sterling Capital Management LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $659,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in iShares Core S&P U.S. Growth ETF by 6.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,339,301 shares of the company’s stock worth $176,667,000 after buying an additional 76,917 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 83.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 9,164 shares of the company’s stock valued at $1,280,000 after purchasing an additional 4,172 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter worth approximately $83,000. Sigma Planning Corp raised its position in iShares Core S&P U.S. Growth ETF by 8.9% in the 4th quarter. Sigma Planning Corp now owns 16,953 shares of the company’s stock worth $2,362,000 after purchasing an additional 1,382 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 2.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 26,676 shares of the company’s stock worth $3,717,000 after buying an additional 750 shares during the period.

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

Shares of IUSG stock opened at $121.29 on Thursday. The company has a market capitalization of $18.67 billion, a P/E ratio of 27.74 and a beta of 1.06. The stock has a 50 day moving average price of $131.83 and a two-hundred day moving average price of $136.34. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $108.91 and a fifty-two week high of $146.99.

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

The company also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.1767 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.