iShares Core S&P U.S. Growth ETF $IUSG Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. trimmed its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 42.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 288,381 shares of the company’s stock after selling 217,016 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Core S&P U.S. Growth ETF were worth $48,431,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Envestnet Asset Management Inc. increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 9.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,250,952 shares of the company’s stock valued at $370,372,000 after acquiring an additional 200,984 shares during the period. Merit Financial Group LLC increased its stake in iShares Core S&P U.S. Growth ETF by 15.2% in the 4th quarter. Merit Financial Group LLC now owns 1,626,452 shares of the company’s stock valued at $273,146,000 after buying an additional 214,255 shares during the period. JPMorgan Chase & Co. increased its stake in iShares Core S&P U.S. Growth ETF by 6.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,606,944 shares of the company’s stock valued at $264,407,000 after buying an additional 97,183 shares during the period. Raymond James Financial Inc. increased its stake in iShares Core S&P U.S. Growth ETF by 5.9% in the 2nd quarter. Raymond James Financial Inc. now owns 1,315,986 shares of the company’s stock valued at $197,924,000 after buying an additional 73,036 shares during the period. Finally, 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 valued at $190,076,000 after buying an additional 326,483 shares during the period.

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

Shares of IUSG opened at $191.62 on Friday. The stock has a market capitalization of $32.46 billion, a P/E ratio of 32.52 and a beta of 1.16. The company’s fifty day moving average is $173.38 and its two-hundred day moving average is $169.01. iShares Core S&P U.S. Growth ETF has a 1 year low of $140.08 and a 1 year high of $192.24.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a $0.1752 dividend. This represents a $0.70 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, March 17th.

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.