Valmark Advisers Inc. Sells 5,769 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Valmark Advisers Inc. lessened its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGFree Report) by 2.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 198,616 shares of the company’s stock after selling 5,769 shares during the period. Valmark Advisers Inc. owned about 0.12% of iShares Core S&P U.S. Growth ETF worth $33,356,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IUSG. Imprint Wealth LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $25,000. Financial Life Planners acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $27,000. Realta Investment Advisors lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 627.3% in the 4th quarter. Realta Investment Advisors now owns 160 shares of the company’s stock valued at $27,000 after purchasing an additional 138 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $34,000. Finally, Global Wealth Strategies & Associates lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 54.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 231 shares of the company’s stock valued at $38,000 after purchasing an additional 81 shares during the period.

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

Shares of NASDAQ:IUSG opened at $170.80 on Wednesday. The company has a market capitalization of $28.74 billion, a price-to-earnings ratio of 32.52 and a beta of 1.14. The business’s 50-day moving average is $162.00 and its 200-day moving average is $165.52. iShares Core S&P U.S. Growth ETF has a 1 year low of $116.51 and a 1 year high of $172.33.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.1752 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, March 17th.

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

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

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