Madison Asset Management LLC Boosts Stock Position in iShares Core S&P U.S. Growth ETF $IUSG

Madison Asset Management LLC boosted its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3,987.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 121,279 shares of the company’s stock after purchasing an additional 118,312 shares during the quarter. Madison Asset Management LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $18,812,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Imprint Wealth LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter worth about $25,000. Financial Life Planners acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the first quarter valued at approximately $26,000. Realta Investment Advisors raised its position in shares of iShares Core S&P U.S. Growth ETF by 627.3% in the fourth quarter. Realta Investment Advisors now owns 160 shares of the company’s stock valued at $27,000 after buying an additional 138 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter valued at approximately $34,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the first quarter valued at approximately $34,000.

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

Shares of NASDAQ IUSG opened at $184.07 on Tuesday. iShares Core S&P U.S. Growth ETF has a 1 year low of $148.39 and a 1 year high of $193.85. The firm’s 50 day moving average price is $186.84 and its 200 day moving average price is $173.93. The firm has a market cap of $31.49 billion, a P/E ratio of 32.52 and a beta of 1.16.

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

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

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

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.