Renasant Bank Invests $1.02 Million in iShares Core S&P U.S. Growth ETF $IUSG

Renasant Bank purchased a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,600 shares of the company’s stock, valued at approximately $1,024,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IUSG. Imprint Wealth LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter worth $25,000. Financial Life Planners acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the first quarter worth about $26,000. Realta Investment Advisors raised its holdings in iShares Core S&P U.S. Growth ETF by 627.3% during the fourth quarter. Realta Investment Advisors now owns 160 shares of the company’s stock worth $27,000 after purchasing an additional 138 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Core S&P U.S. Growth ETF during the fourth quarter worth about $34,000. Finally, Strive Financial Group LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at about $40,000.

iShares Core S&P U.S. Growth ETF Trading Down 0.7%

Shares of IUSG opened at $186.25 on Wednesday. The stock’s 50 day moving average is $185.74 and its two-hundred day moving average is $172.80. iShares Core S&P U.S. Growth ETF has a twelve month low of $148.39 and a twelve month high of $193.85. The firm has a market capitalization of $31.88 billion, a PE ratio of 32.52 and a beta of 1.16.

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 $0.2356 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, June 15th.

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.