Commonwealth Equity Services LLC Sells 47,863 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Commonwealth Equity Services LLC cut its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,274,651 shares of the company’s stock after selling 47,863 shares during the quarter. Commonwealth Equity Services LLC owned about 0.89% of iShares Core S&P U.S. Growth ETF worth $132,691,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IUSG. Morgan Stanley raised its holdings in iShares Core S&P U.S. Growth ETF by 14.6% in the 3rd quarter. Morgan Stanley now owns 11,135,043 shares of the company’s stock worth $1,055,936,000 after purchasing an additional 1,419,441 shares in the last quarter. LPL Financial LLC raised its holdings in iShares Core S&P U.S. Growth ETF by 2.7% in the 3rd quarter. LPL Financial LLC now owns 13,846,057 shares of the company’s stock worth $1,313,022,000 after purchasing an additional 364,461 shares in the last quarter. Raymond James & Associates raised its holdings in iShares Core S&P U.S. Growth ETF by 21.5% in the 4th quarter. Raymond James & Associates now owns 779,012 shares of the company’s stock worth $81,095,000 after purchasing an additional 137,861 shares in the last quarter. International Assets Investment Management LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 4th quarter worth $12,809,000. Finally, Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 155.7% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 174,867 shares of the company’s stock worth $16,578,000 after acquiring an additional 106,475 shares in the last quarter.

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

Shares of iShares Core S&P U.S. Growth ETF stock traded up $1.13 during trading on Thursday, hitting $113.14. The company’s stock had a trading volume of 182,316 shares, compared to its average volume of 511,418. The company has a fifty day simple moving average of $115.17 and a two-hundred day simple moving average of $107.06. The company has a market capitalization of $16.50 billion, a PE ratio of 26.66 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 52 week low of $87.70 and a 52 week high of $118.45.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a $0.1667 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.67 annualized dividend and a dividend yield of 0.59%.

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.