HighTower Advisors LLC Raises Stake in iShares Core S&P U.S. Growth ETF $IUSG

HighTower Advisors LLC boosted its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 571,921 shares of the company’s stock after buying an additional 3,487 shares during the quarter. HighTower Advisors LLC owned approximately 0.35% of iShares Core S&P U.S. Growth ETF worth $96,048,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of IUSG. Tennessee Valley Asset Management Partners purchased a new stake in iShares Core S&P U.S. Growth ETF in the third quarter worth approximately $56,521,000. Merit Financial Group LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 15.2% in the fourth quarter. Merit Financial Group LLC now owns 1,626,452 shares of the company’s stock worth $273,146,000 after buying an additional 214,255 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Core S&P U.S. Growth ETF by 9.8% in the third quarter. Envestnet Asset Management Inc. now owns 2,250,952 shares of the company’s stock worth $370,372,000 after buying an additional 200,984 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Core S&P U.S. Growth ETF by 6.4% in the third quarter. JPMorgan Chase & Co. now owns 1,606,944 shares of the company’s stock worth $264,407,000 after buying an additional 97,183 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in iShares Core S&P U.S. Growth ETF by 10.3% in the third quarter. PNC Financial Services Group Inc. now owns 865,743 shares of the company’s stock worth $142,449,000 after buying an additional 80,713 shares in the last quarter.

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

Shares of IUSG opened at $183.58 on Wednesday. The firm has a market cap of $31.10 billion, a P/E ratio of 32.52 and a beta of 1.16. The stock has a 50 day simple moving average of $169.21 and a two-hundred day simple moving average of $167.89. iShares Core S&P U.S. Growth ETF has a 1 year low of $137.88 and a 1 year high of $189.93.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a $0.1752 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.70 annualized dividend and a yield of 0.4%.

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.