SouthState Bank Corp Increases Stock Position in iShares Core S&P U.S. Growth ETF $IUSG

SouthState Bank Corp grew its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 720.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,253 shares of the company’s stock after buying an additional 5,491 shares during the period. SouthState Bank Corp’s holdings in iShares Core S&P U.S. Growth ETF were worth $1,050,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in IUSG. Private Advisor Group LLC boosted its position in iShares Core S&P U.S. Growth ETF by 4.1% during the 3rd quarter. Private Advisor Group LLC now owns 213,270 shares of the company’s stock worth $35,092,000 after purchasing an additional 8,487 shares during the period. Kingswood Wealth Advisors LLC boosted its position in iShares Core S&P U.S. Growth ETF by 140.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 11,048 shares of the company’s stock valued at $1,855,000 after buying an additional 6,453 shares during the last quarter. Tudor Investment Corp ET AL purchased a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $1,069,000. Wealthquest Corp purchased a new position in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $694,000. Finally, Allspring Global Investments Holdings LLC boosted its position in iShares Core S&P U.S. Growth ETF by 186.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 19,107 shares of the company’s stock valued at $3,213,000 after buying an additional 12,436 shares during the last quarter.

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

NASDAQ:IUSG opened at $184.13 on Monday. The firm has a 50-day moving average of $176.67 and a two-hundred day moving average of $169.88. The stock has a market cap of $31.19 billion, a P/E ratio of 32.52 and a beta of 1.17. iShares Core S&P U.S. Growth ETF has a 1-year low of $142.55 and a 1-year high of $193.85.

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 given a $0.1752 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, March 17th.

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.