Elevation Point Wealth Partners LLC Takes Position in iShares Core S&P U.S. Growth ETF $IUSG

Elevation Point Wealth Partners LLC acquired a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 31,986 shares of the company’s stock, valued at approximately $4,961,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Sound Income Strategies LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 14.6% in the 1st quarter. Sound Income Strategies LLC now owns 842 shares of the company’s stock worth $132,000 after purchasing an additional 107 shares during the period. Jamison Private Wealth Management Inc. lifted its holdings in iShares Core S&P U.S. Growth ETF by 1.3% during the first quarter. Jamison Private Wealth Management Inc. now owns 17,421 shares of the company’s stock worth $2,702,000 after buying an additional 217 shares during the period. Stevens Capital Partners raised its position in shares of iShares Core S&P U.S. Growth ETF by 24.1% in the 1st quarter. Stevens Capital Partners now owns 90,026 shares of the company’s stock worth $13,964,000 after acquiring an additional 17,468 shares in the last quarter. Physician Wealth Advisors Inc. purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter worth $49,000. Finally, Able Wealth Management LLC boosted its position in iShares Core S&P U.S. Growth ETF by 0.8% during the first quarter. Able Wealth Management LLC now owns 39,935 shares of the company’s stock valued at $6,194,000 after purchasing an additional 323 shares in the last quarter.

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

NASDAQ:IUSG opened at $185.30 on Friday. The stock has a market capitalization of $31.65 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 52 week low of $148.39 and a 52 week high of $193.85. The firm has a 50 day moving average of $185.32 and a 200 day moving average of $172.44.

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. Stockholders of record on Monday, June 15th were issued a dividend of $0.2356 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend 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.