GDS Wealth Management Boosts Stake in iShares Core S&P U.S. Growth ETF $IUSG

GDS Wealth Management increased its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 11.1% during the second quarter, HoldingsChannel reports. The fund owned 4,823 shares of the company’s stock after buying an additional 481 shares during the period. GDS Wealth Management’s holdings in iShares Core S&P U.S. Growth ETF were worth $725,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. GSG Advisors LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 0.6% during the 2nd quarter. GSG Advisors LLC now owns 10,537 shares of the company’s stock worth $1,585,000 after purchasing an additional 66 shares during the period. Acropolis Investment Management LLC boosted its holdings in iShares Core S&P U.S. Growth ETF by 7.2% during the second quarter. Acropolis Investment Management LLC now owns 1,353 shares of the company’s stock worth $203,000 after buying an additional 91 shares in the last quarter. Meridian Wealth Management LLC grew its position in iShares Core S&P U.S. Growth ETF by 1.9% during the second quarter. Meridian Wealth Management LLC now owns 5,148 shares of the company’s stock worth $774,000 after buying an additional 96 shares during the period. EP Wealth Advisors LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 0.6% in the first quarter. EP Wealth Advisors LLC now owns 15,645 shares of the company’s stock valued at $1,988,000 after buying an additional 97 shares in the last quarter. Finally, Courier Capital LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 6.1% during the 2nd quarter. Courier Capital LLC now owns 1,736 shares of the company’s stock valued at $261,000 after acquiring an additional 100 shares during the period.

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

IUSG opened at $163.25 on Thursday. The company has a market cap of $25.16 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a one year low of $108.91 and a one year high of $172.33. The business’s fifty day moving average is $165.47 and its two-hundred day moving average is $155.04.

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. Investors of record on Tuesday, September 16th were paid a $0.2487 dividend. This represents a $0.99 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend 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.

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.