PNC Financial Services Group Inc. Grows Stake in iShares Core S&P U.S. Growth ETF $IUSG

PNC Financial Services Group Inc. lifted its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 10.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,114,250 shares of the company’s stock after purchasing an additional 108,893 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $172,831,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IUSG. Valpey Financial Services LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 16,640.2% during the fourth quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock valued at $592,041,000 after buying an additional 3,504,253 shares during the period. 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 worth $7,306,602,000 after buying an additional 1,853,499 shares in the last quarter. SHP Wealth Management purchased a new position in iShares Core S&P U.S. Growth ETF during the fourth quarter worth about $78,328,000. Kestra Investment Management LLC increased its stake in iShares Core S&P U.S. Growth ETF by 40.5% in the 4th quarter. Kestra Investment Management LLC now owns 1,131,808 shares of the company’s stock worth $190,076,000 after acquiring an additional 326,483 shares during the last quarter. Finally, Bleakley Financial Group LLC increased its stake in iShares Core S&P U.S. Growth ETF by 2,061.6% in the 4th quarter. Bleakley Financial Group LLC now owns 228,719 shares of the company’s stock worth $38,411,000 after acquiring an additional 218,138 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Stock Down 0.2%

NASDAQ:IUSG opened at $185.94 on Thursday. The business’s 50-day moving average price is $186.82 and its two-hundred day moving average price is $174.19. iShares Core S&P U.S. Growth ETF has a twelve month low of $148.39 and a twelve month high of $193.85. The stock has a market cap of $31.86 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 business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.2356 dividend. This represents a $0.94 annualized dividend and a dividend yield of 0.5%. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, June 15th.

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.