Cannon Financial Strategists Inc. Makes New Investment in iShares Core S&P U.S. Growth ETF $IUSG

Cannon Financial Strategists Inc. purchased a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGFree Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,567 shares of the company’s stock, valued at approximately $386,000.

A number of other institutional investors and hedge funds have also made changes to their positions in IUSG. Capital A Wealth Management LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 705.3% during the first quarter. Capital A Wealth Management LLC now owns 306 shares of the company’s stock worth $39,000 after buying an additional 268 shares during the period. Bogart Wealth LLC lifted its stake in iShares Core S&P U.S. Growth ETF by 56.2% in the second quarter. Bogart Wealth LLC now owns 278 shares of the company’s stock worth $42,000 after acquiring an additional 100 shares during the last quarter. Flaharty Asset Management LLC acquired a new position in iShares Core S&P U.S. Growth ETF during the 1st quarter worth approximately $47,000. Bristlecone Advisors LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at approximately $56,000. Finally, National Bank of Canada FI raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 50.0% in the 1st quarter. National Bank of Canada FI now owns 450 shares of the company’s stock valued at $57,000 after purchasing an additional 150 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Trading Down 0.1%

iShares Core S&P U.S. Growth ETF stock opened at $165.70 on Friday. The company has a fifty day simple moving average of $164.33 and a 200-day simple moving average of $152.78. The stock has a market cap of $25.54 billion, a P/E ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 12-month low of $108.91 and a 12-month high of $172.33.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a $0.2487 dividend. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, September 16th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21.

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

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

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