Founders Financial Securities LLC Grows Stock Position in iShares Core S&P U.S. Growth ETF $IUSG

Founders Financial Securities LLC raised its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGFree Report) by 8.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 119,557 shares of the company’s stock after acquiring an additional 9,136 shares during the period. iShares Core S&P U.S. Growth ETF makes up about 1.2% of Founders Financial Securities LLC’s holdings, making the stock its 15th largest holding. Founders Financial Securities LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $19,686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Flagstar Advisors Inc. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 3.7% during the 4th quarter. Flagstar Advisors Inc. now owns 1,752 shares of the company’s stock valued at $294,000 after buying an additional 63 shares during the last quarter. Retirement Planning Group LLC raised its stake in iShares Core S&P U.S. Growth ETF by 4.6% in the 4th quarter. Retirement Planning Group LLC now owns 1,428 shares of the company’s stock valued at $240,000 after acquiring an additional 63 shares during the period. Advisory Services Network LLC raised its stake in iShares Core S&P U.S. Growth ETF by 0.5% in the 3rd quarter. Advisory Services Network LLC now owns 12,185 shares of the company’s stock valued at $2,005,000 after acquiring an additional 65 shares during the period. Visionary Horizons LLC lifted its holdings in iShares Core S&P U.S. Growth ETF by 5.7% during the fourth quarter. Visionary Horizons LLC now owns 1,399 shares of the company’s stock valued at $235,000 after purchasing an additional 76 shares during the last quarter. Finally, Choreo LLC lifted its holdings in iShares Core S&P U.S. Growth ETF by 1.7% during the fourth quarter. Choreo LLC now owns 4,678 shares of the company’s stock valued at $792,000 after purchasing an additional 77 shares during the last quarter.

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

Shares of NASDAQ:IUSG opened at $188.68 on Friday. The firm has a market capitalization of $31.96 billion, a PE ratio of 32.52 and a beta of 1.17. The company has a 50-day moving average price of $182.64 and a two-hundred day moving average price of $171.32. iShares Core S&P U.S. Growth ETF has a twelve month low of $142.55 and a twelve month high of $193.85.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.2356 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, June 15th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18.

iShares Core S&P U.S. Growth ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding IUSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGFree Report).

Institutional Ownership by Quarter for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

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