Ascentis Independent Advisors Invests $441,000 in iShares Core S&P U.S. Growth ETF $IUSG

Ascentis Independent Advisors bought a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 2,842 shares of the company’s stock, valued at approximately $441,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Valpey Financial Services LLC boosted its position in iShares Core S&P U.S. Growth ETF by 16,640.2% in the fourth quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock worth $592,041,000 after purchasing an additional 3,504,253 shares during the last quarter. Bank of America Corp DE grew its position in iShares Core S&P U.S. Growth ETF by 4.4% during the fourth quarter. Bank of America Corp DE now owns 43,507,215 shares of the company’s stock valued at $7,306,602,000 after buying an additional 1,853,499 shares during the period. SHP Wealth Management bought a new position in iShares Core S&P U.S. Growth ETF during the fourth quarter valued at about $78,328,000. Tennessee Valley Asset Management Partners purchased a new stake in iShares Core S&P U.S. Growth ETF during the third quarter worth about $56,521,000. Finally, Kestra Investment Management LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 40.5% during the fourth quarter. Kestra Investment Management LLC now owns 1,131,808 shares of the company’s stock worth $190,076,000 after buying an additional 326,483 shares during the last quarter.

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

Shares of IUSG stock opened at $188.31 on Friday. The firm has a market cap of $32.26 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 52 week low of $148.39 and a 52 week high of $193.85. The firm’s 50-day simple moving average is $186.13 and its two-hundred day simple moving average is $173.09.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.2356 per share. This represents a $0.94 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, June 15th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18.

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.