iShares Core S&P U.S. Growth ETF $IUSG is Richard W. Paul & Associates LLC’s 2nd Largest Position

Richard W. Paul & Associates LLC decreased its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 0.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 99,410 shares of the company’s stock after selling 872 shares during the quarter. iShares Core S&P U.S. Growth ETF makes up approximately 5.4% of Richard W. Paul & Associates LLC’s investment portfolio, making the stock its 2nd largest position. Richard W. Paul & Associates LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $14,951,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bogart Wealth LLC lifted its position in iShares Core S&P U.S. Growth ETF by 56.2% during the 2nd 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. Bristlecone Advisors LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the second quarter worth approximately $56,000. Flaharty Asset Management LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the first quarter worth $47,000. National Bank of Canada FI lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 50.0% during the first 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. Finally, Abound Wealth Management grew its position in iShares Core S&P U.S. Growth ETF by 160.8% in the 2nd quarter. Abound Wealth Management now owns 519 shares of the company’s stock valued at $78,000 after buying an additional 320 shares during the last quarter.

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

Shares of IUSG opened at $161.46 on Friday. The stock has a market capitalization of $24.89 billion, a P/E ratio of 32.52 and a beta of 1.11. 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 company’s fifty day moving average is $165.42 and its two-hundred day moving average is $155.28.

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 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Tuesday, September 16th.

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.