First Horizon Advisors Inc. Sells 418 Shares of iShares Core S&P U.S. Growth ETF $IUSG

First Horizon Advisors Inc. lowered its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 41.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 583 shares of the company’s stock after selling 418 shares during the period. First Horizon Advisors Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $88,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Bogart Wealth LLC raised its position 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 period. Capital A Wealth Management LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 705.3% during the 1st quarter. Capital A Wealth Management LLC now owns 306 shares of the company’s stock valued at $39,000 after acquiring an additional 268 shares during the period. Bristlecone Advisors LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 2nd quarter worth approximately $56,000. Flaharty Asset Management LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the 1st quarter worth approximately $47,000. 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 worth $57,000 after purchasing an additional 150 shares during the period.

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

Shares of NASDAQ IUSG opened at $165.70 on Monday. The stock has a fifty day simple moving average of $164.33 and a two-hundred day simple moving average of $153.21. iShares Core S&P U.S. Growth ETF has a 1-year low of $108.91 and a 1-year high of $172.33. The firm has a market cap of $25.54 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11.

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

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

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.