iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sets New 12-Month High – Here’s What Happened

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $193.96 and last traded at $193.78, with a volume of 426641 shares traded. The stock had previously closed at $188.85.

iShares Core S&P U.S. Growth ETF Trading Down 0.1%

The business has a 50-day moving average price of $186.35 and a 200 day moving average price of $175.25. The company has a market cap of $33.44 billion, a price-to-earnings ratio of 32.52 and a beta of 1.17.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.2356 dividend. 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. This represents a $0.94 annualized dividend and a dividend yield of 0.5%.

Hedge Funds Weigh In On iShares Core S&P U.S. Growth ETF

A number of large investors have recently made changes to their positions in IUSG. Annex Advisory Services LLC raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 1.5% during the second quarter. Annex Advisory Services LLC now owns 4,338 shares of the company’s stock worth $816,000 after acquiring an additional 63 shares in the last quarter. JFS Wealth Advisors LLC increased its stake in iShares Core S&P U.S. Growth ETF by 9.6% during the second quarter. JFS Wealth Advisors LLC now owns 766 shares of the company’s stock valued at $144,000 after acquiring an additional 67 shares during the period. Dagco Inc. raised its stake in shares of iShares Core S&P U.S. Growth ETF by 5.6% in the 2nd quarter. Dagco Inc. now owns 2,974 shares of the company’s stock valued at $559,000 after buying an additional 159 shares in the last quarter. Canvas Wealth Advisors LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 2.2% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 101,556 shares of the company’s stock valued at $19,102,000 after buying an additional 2,156 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in iShares Core S&P U.S. Growth ETF during the 2nd quarter worth approximately $229,000.

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.