Commonwealth Equity Services LLC Makes New Investment in iShares Core S&P U.S. Growth ETF $IUSG

Commonwealth Equity Services LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 843,747 shares of the company’s stock, valued at approximately $163,476,000.

A number of other hedge funds have also bought and sold shares of IUSG. DecisionPoint Financial LLC raised its stake in shares of iShares Core S&P U.S. Growth ETF by 283.3% in the third quarter. DecisionPoint Financial LLC now owns 138 shares of the company’s stock valued at $27,000 after acquiring an additional 102 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the 3rd quarter worth about $28,000. Darwin Wealth Management LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the 1st quarter worth about $34,000. Richards Merrill & Peterson Inc. bought a new stake in iShares Core S&P U.S. Growth ETF in the third quarter worth about $40,000. Finally, Latitude Advisors LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the third quarter worth about $44,000.

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

Shares of NASDAQ:IUSG opened at $175.33 on Friday. iShares Core S&P U.S. Growth ETF has a 1 year low of $148.39 and a 1 year high of $200.01. The business has a 50 day simple moving average of $191.21 and a two-hundred day simple moving average of $180.52. The firm has a market capitalization of $31.08 billion, a PE ratio of 24.95 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 Friday, September 18th. Investors of record on Tuesday, September 15th were paid a dividend of $0.2445 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356.

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.