CX Institutional Reduces Stock Holdings in iShares Core S&P U.S. Growth ETF $IUSG

CX Institutional lowered its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 22.3% during the third quarter, Holdings Channel reports. The fund owned 357,572 shares of the company’s stock after selling 102,903 shares during the quarter. iShares Core S&P U.S. Growth ETF makes up 1.8% of CX Institutional’s holdings, making the stock its 14th largest holding. CX Institutional’s holdings in iShares Core S&P U.S. Growth ETF were worth $58,835,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Elevation Point Wealth Partners LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the second quarter valued at $34,000. Global Wealth Strategies & Associates lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 54.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 231 shares of the company’s stock valued at $38,000 after buying an additional 81 shares during the period. Bogart Wealth LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 56.2% in the second quarter. Bogart Wealth LLC now owns 278 shares of the company’s stock worth $42,000 after buying an additional 100 shares during the last quarter. Mather Group LLC. acquired a new stake in iShares Core S&P U.S. Growth ETF during the third quarter worth about $53,000. Finally, Bristlecone Advisors LLC purchased a new position in iShares Core S&P U.S. Growth ETF during the second quarter valued at approximately $56,000.

iShares Core S&P U.S. Growth ETF Trading Up 0.6%

iShares Core S&P U.S. Growth ETF stock opened at $169.89 on Wednesday. The firm has a market cap of $26.63 billion, a PE ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 12 month low of $108.91 and a 12 month high of $172.33. The stock’s 50 day simple moving average is $167.60 and its two-hundred day simple moving average is $161.53.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.2627 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25. This represents a $1.05 dividend on an annualized basis and a yield of 0.6%.

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.