iShares Core S&P U.S. Growth ETF $IUSG Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 6.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,606,944 shares of the company’s stock after acquiring an additional 97,183 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Core S&P U.S. Growth ETF were worth $264,407,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Financial Management Network Inc. increased its stake in iShares Core S&P U.S. Growth ETF by 2.7% in the third quarter. Financial Management Network Inc. now owns 2,347 shares of the company’s stock valued at $389,000 after purchasing an additional 61 shares during the last quarter. Morris Financial Concepts Inc. increased its stake in shares of iShares Core S&P U.S. Growth ETF by 0.7% during the 3rd quarter. Morris Financial Concepts Inc. now owns 9,838 shares of the company’s stock valued at $1,619,000 after acquiring an additional 65 shares during the last quarter. Twin Peaks Wealth Advisors LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 2.0% during the 2nd quarter. Twin Peaks Wealth Advisors LLC now owns 3,531 shares of the company’s stock valued at $558,000 after acquiring an additional 68 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 5.1% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,414 shares of the company’s stock worth $233,000 after acquiring an additional 68 shares during the period. Finally, Neumann Capital Management LLC boosted its position in shares of iShares Core S&P U.S. Growth ETF by 0.3% in the third quarter. Neumann Capital Management LLC now owns 27,977 shares of the company’s stock worth $4,603,000 after acquiring an additional 70 shares during the last quarter.

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

Shares of IUSG stock opened at $164.41 on Friday. iShares Core S&P U.S. Growth ETF has a one year low of $108.91 and a one year high of $172.33. The company has a 50 day moving average price of $167.78 and a 200 day moving average price of $164.88. The firm has a market capitalization of $26.77 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11.

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. Stockholders of record on Tuesday, December 16th were issued a dividend of $0.2627 per share. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date 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.

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.