iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Large Volume Increase – Time to Buy?

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw an uptick in trading volume on Tuesday . 1,098,964 shares changed hands during trading, an increase of 34% from the previous session’s volume of 817,311 shares.The stock last traded at $169.70 and had previously closed at $168.88.

iShares Core S&P U.S. Growth ETF Trading Down 0.8%

The company has a market cap of $26.47 billion, a PE ratio of 32.52 and a beta of 1.11. The stock has a 50 day moving average price of $167.57 and a 200 day moving average price of $161.59.

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

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Imprint Wealth LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF during the third quarter valued at approximately $25,000. Financial Life Planners purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter worth approximately $27,000. Evolution Wealth Management Inc. increased its position in iShares Core S&P U.S. Growth ETF by 53.0% during the 3rd quarter. Evolution Wealth Management Inc. now owns 228 shares of the company’s stock valued at $38,000 after buying an additional 79 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in iShares Core S&P U.S. Growth ETF during the second quarter valued at $34,000. Finally, Global Wealth Strategies & Associates boosted its holdings in iShares Core S&P U.S. Growth ETF by 54.0% in the third quarter. Global Wealth Strategies & Associates now owns 231 shares of the company’s stock worth $38,000 after acquiring an additional 81 shares in the last quarter.

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.