Independence Financial Advisors LLC Has $11.15 Million Stock Position in iShares Core S&P U.S. Growth ETF $IUSG

Independence Financial Advisors LLC cut its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 85.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 74,160 shares of the company’s stock after selling 419,551 shares during the quarter. iShares Core S&P U.S. Growth ETF comprises approximately 4.3% of Independence Financial Advisors LLC’s portfolio, making the stock its 10th biggest position. Independence Financial Advisors LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $11,154,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bogart Wealth LLC grew its holdings in shares of iShares Core S&P U.S. Growth ETF by 56.2% in the second quarter. Bogart Wealth LLC now owns 278 shares of the company’s stock worth $42,000 after acquiring an additional 100 shares during the period. Flaharty Asset Management LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 1st quarter worth $47,000. Bristlecone Advisors LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the 2nd quarter valued at approximately $56,000. National Bank of Canada FI increased its holdings in iShares Core S&P U.S. Growth ETF by 50.0% in the 1st quarter. National Bank of Canada FI now owns 450 shares of the company’s stock valued at $57,000 after acquiring an additional 150 shares during the last quarter. Finally, NorthRock Partners LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 107.1% in the first quarter. NorthRock Partners LLC now owns 551 shares of the company’s stock worth $70,000 after buying an additional 285 shares in the last quarter.

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

iShares Core S&P U.S. Growth ETF stock opened at $165.00 on Friday. The firm’s fifty day moving average is $165.32 and its 200 day moving average is $154.21. The company has a market cap of $25.43 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 52-week low of $108.91 and a 52-week high of $172.33.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a $0.2487 dividend. This represents a $0.99 annualized dividend and a yield of 0.6%. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Tuesday, September 16th.

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.