YHB Investment Advisors Inc. Purchases New Shares in iShares Core S&P U.S. Growth ETF $IUSG

YHB Investment Advisors Inc. purchased a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 9,982 shares of the company’s stock, valued at approximately $1,934,000.

A number of other hedge funds have also recently modified their holdings of the business. Bank of America Corp DE raised its holdings in iShares Core S&P U.S. Growth ETF by 21.3% in the 1st quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock worth $8,185,862,000 after purchasing an additional 9,267,343 shares during the period. Envestnet Asset Management Inc. increased its position in iShares Core S&P U.S. Growth ETF by 10.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock worth $595,533,000 after buying an additional 298,332 shares in the last quarter. Royal Bank of Canada raised its stake in shares of iShares Core S&P U.S. Growth ETF by 13.6% in the first quarter. Royal Bank of Canada now owns 1,220,118 shares of the company’s stock worth $189,253,000 after buying an additional 145,703 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 10.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,114,250 shares of the company’s stock valued at $172,831,000 after buying an additional 108,893 shares in the last quarter. Finally, Corient Private Wealth LP lifted its position in shares of iShares Core S&P U.S. Growth ETF by 24.0% during the 2nd quarter. Corient Private Wealth LP now owns 550,068 shares of the company’s stock valued at $103,462,000 after buying an additional 106,417 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Trading Down 1.5%

iShares Core S&P U.S. Growth ETF stock traded down $2.93 during midday trading on Thursday, hitting $195.69. The stock had a trading volume of 249,804 shares, compared to its average volume of 684,323. The firm’s fifty day moving average is $191.89 and its two-hundred day moving average is $183.78. The company has a market capitalization of $34.37 billion, a PE ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 52-week low of $148.39 and a 52-week high of $200.01.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were paid a $0.2445 dividend. This represents a $0.98 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 $0.2356. The ex-dividend date of this dividend was Tuesday, September 15th.

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.