Kestra Investment Management LLC Sells 33,179 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Kestra Investment Management LLC decreased its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 2.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,289,788 shares of the company’s stock after selling 33,179 shares during the period. iShares Core S&P U.S. Growth ETF comprises about 4.7% of Kestra Investment Management LLC’s investment portfolio, making the stock its 4th biggest holding. Kestra Investment Management LLC owned about 0.73% of iShares Core S&P U.S. Growth ETF worth $249,898,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Bank of America Corp DE increased its holdings in iShares Core S&P U.S. Growth ETF by 21.3% in the first quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock valued at $8,185,862,000 after buying an additional 9,267,343 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in iShares Core S&P U.S. Growth ETF during the third quarter valued at approximately $163,476,000. Citizens Financial Group Inc. RI acquired a new stake in iShares Core S&P U.S. Growth ETF during the third quarter valued at approximately $82,263,000. Modera Wealth Management LLC bought a new position in iShares Core S&P U.S. Growth ETF during the 3rd quarter worth approximately $68,172,000. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares Core S&P U.S. Growth ETF by 10.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock worth $595,533,000 after buying an additional 298,332 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Stock Up 2.7%

NASDAQ:IUSG opened at $181.85 on Tuesday. The company has a market cap of $32.26 billion, a PE ratio of 24.95 and a beta of 1.16. The business’s 50 day moving average is $190.71 and its two-hundred day moving average is $180.65. iShares Core S&P U.S. Growth ETF has a 52 week low of $148.39 and a 52 week high of $200.01.

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

The company also recently disclosed 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. This represents a $0.98 annualized dividend and a yield of 0.5%. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. The ex-dividend date was Tuesday, September 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.