Quent Capital LLC Lowers Stake in iShares Core S&P U.S. Growth ETF $IUSG

Quent Capital LLC lowered its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 4.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,210 shares of the company’s stock after selling 3,479 shares during the period. iShares Core S&P U.S. Growth ETF makes up 0.9% of Quent Capital LLC’s investment portfolio, making the stock its 24th largest holding. Quent Capital LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $11,223,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IUSG. Merit Financial Group LLC increased its position in iShares Core S&P U.S. Growth ETF by 37.3% during the 2nd quarter. Merit Financial Group LLC now owns 1,539,575 shares of the company’s stock valued at $231,552,000 after buying an additional 418,656 shares in the last quarter. Bank of America Corp DE grew its position in iShares Core S&P U.S. Growth ETF by 0.8% during the 2nd quarter. Bank of America Corp DE now owns 43,464,067 shares of the company’s stock valued at $6,536,996,000 after purchasing an additional 348,725 shares during the last quarter. Atlantic Union Bankshares Corp increased its stake in iShares Core S&P U.S. Growth ETF by 9,508.6% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 223,016 shares of the company’s stock valued at $33,542,000 after purchasing an additional 220,695 shares in the last quarter. Waldron Private Wealth LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF in the second quarter worth approximately $27,300,000. Finally, Modera Wealth Management LLC grew its holdings in shares of iShares Core S&P U.S. Growth ETF by 60.8% during the second quarter. Modera Wealth Management LLC now owns 379,455 shares of the company’s stock valued at $57,070,000 after buying an additional 143,536 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Stock Up 0.4%

Shares of IUSG opened at $170.78 on Tuesday. iShares Core S&P U.S. Growth ETF has a twelve month low of $108.91 and a twelve month high of $172.33. The company has a market capitalization of $26.75 billion, a P/E ratio of 32.52 and a beta of 1.11. The firm has a 50 day moving average of $167.56 and a 200 day moving average of $162.18.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $0.2627 dividend. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25. This represents a $1.05 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Tuesday, December 16th.

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.