iShares Core S&P U.S. Growth ETF $IUSG Stock: Stevens Capital Partners Reduces Stake

Stevens Capital Partners cut its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,324 shares of the company’s stock after selling 2,827 shares during the quarter. iShares Core S&P U.S. Growth ETF makes up 2.5% of Stevens Capital Partners’ holdings, making the stock its 8th biggest holding. Stevens Capital Partners’ holdings in iShares Core S&P U.S. Growth ETF were worth $14,594,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DecisionPoint Financial LLC lifted its stake in iShares Core S&P U.S. Growth ETF by 283.3% in the 3rd quarter. DecisionPoint Financial LLC now owns 138 shares of the company’s stock valued at $27,000 after purchasing an additional 102 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the third quarter worth $28,000. Richards Merrill & Peterson Inc. bought a new position in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at $40,000. Darwin Wealth Management LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF in the 1st quarter valued at $34,000. Finally, Latitude Advisors LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at $44,000.

iShares Core S&P U.S. Growth ETF Trading Down 2.6%

NASDAQ:IUSG opened at $183.54 on Friday. The stock’s 50-day moving average is $191.82 and its 200-day moving average is $180.27. iShares Core S&P U.S. Growth ETF has a 1-year low of $148.39 and a 1-year high of $200.01. The stock has a market cap of $32.46 billion, a P/E ratio of 32.52 and a beta of 1.16.

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

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a $0.2445 dividend. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. This represents a $0.98 dividend on an annualized basis and a yield of 0.5%.

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.