NorthStar Asset Management LLC NJ Has $19.11 Million Position in iShares Core S&P U.S. Growth ETF $IUSG

NorthStar Asset Management LLC NJ lifted its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 4.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,084 shares of the company’s stock after acquiring an additional 5,647 shares during the quarter. iShares Core S&P U.S. Growth ETF makes up approximately 5.2% of NorthStar Asset Management LLC NJ’s portfolio, making the stock its 3rd biggest position. NorthStar Asset Management LLC NJ owned 0.08% of iShares Core S&P U.S. Growth ETF worth $19,113,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IUSG. Advisors Capital Management LLC grew its holdings in shares of iShares Core S&P U.S. Growth ETF by 15.4% during the second quarter. Advisors Capital Management LLC now owns 3,759 shares of the company’s stock worth $565,000 after purchasing an additional 501 shares during the last quarter. Cerity Partners LLC raised its holdings in iShares Core S&P U.S. Growth ETF by 23.4% in the 1st quarter. Cerity Partners LLC now owns 8,274 shares of the company’s stock valued at $1,051,000 after buying an additional 1,570 shares during the last quarter. DAVENPORT & Co LLC boosted its position in iShares Core S&P U.S. Growth ETF by 12.5% during the 2nd quarter. DAVENPORT & Co LLC now owns 3,375 shares of the company’s stock worth $508,000 after buying an additional 374 shares during the period. Greenleaf Trust bought a new stake in iShares Core S&P U.S. Growth ETF during the 2nd quarter worth approximately $244,000. Finally, Focus Partners Advisor Solutions LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the 2nd quarter worth approximately $228,000.

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

IUSG stock opened at $163.25 on Thursday. The company has a fifty day moving average price of $165.47 and a 200-day moving average price of $155.04. The company has a market capitalization of $25.16 billion, a P/E ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 52-week low of $108.91 and a 52-week high of $172.33.

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

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

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