Cutler Investment Counsel LLC Has $16.60 Million Stock Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Cutler Investment Counsel LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 8.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 159,431 shares of the company’s stock after acquiring an additional 11,979 shares during the period. iShares Core S&P U.S. Growth ETF makes up 2.4% of Cutler Investment Counsel LLC’s holdings, making the stock its 11th biggest holding. Cutler Investment Counsel LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $16,597,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IUSG. LPL Financial LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 2.7% during the third quarter. LPL Financial LLC now owns 13,846,057 shares of the company’s stock valued at $1,313,022,000 after purchasing an additional 364,461 shares in the last quarter. Morgan Stanley lifted its position in shares of iShares Core S&P U.S. Growth ETF by 14.6% during the 3rd quarter. Morgan Stanley now owns 11,135,043 shares of the company’s stock worth $1,055,936,000 after buying an additional 1,419,441 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 105,300.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 8,400,380 shares of the company’s stock worth $684,799,000 after buying an additional 8,392,410 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC grew its holdings in shares of iShares Core S&P U.S. Growth ETF by 2.5% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,777,363 shares of the company’s stock valued at $168,547,000 after acquiring an additional 43,958 shares in the last quarter. Finally, UBS Group AG grew its holdings in shares of iShares Core S&P U.S. Growth ETF by 9.1% in the first quarter. UBS Group AG now owns 1,380,190 shares of the company’s stock valued at $145,831,000 after acquiring an additional 115,138 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Trading Down 1.4 %

Shares of IUSG traded down $1.60 on Friday, reaching $110.79. 494,070 shares of the company’s stock traded hands, compared to its average volume of 532,595. The stock’s 50 day simple moving average is $115.11 and its two-hundred day simple moving average is $105.94. The stock has a market cap of $16.09 billion, a PE ratio of 27.61 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 52-week low of $87.64 and a 52-week high of $118.45.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a dividend of $0.1667 per share. This represents a $0.67 annualized dividend and a dividend yield of 0.60%. The ex-dividend date was Thursday, March 21st.

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.