iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Stake Lifted by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. increased its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 5.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 598,910 shares of the company’s stock after buying an additional 29,805 shares during the quarter. iShares Core S&P U.S. Growth ETF makes up 1.3% of Benjamin F. Edwards & Company Inc.’s portfolio, making the stock its 7th biggest position. Benjamin F. Edwards & Company Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $62,347,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Summit Global Investments purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter worth approximately $210,000. Natixis Advisors L.P. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 16.6% in the 4th quarter. Natixis Advisors L.P. now owns 189,710 shares of the company’s stock worth $19,748,000 after buying an additional 26,975 shares during the last quarter. Benjamin Edwards Inc. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 8.0% in the 4th quarter. Benjamin Edwards Inc. now owns 5,580 shares of the company’s stock worth $581,000 after buying an additional 413 shares during the last quarter. Great Valley Advisor Group Inc. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 1.0% in the 4th quarter. Great Valley Advisor Group Inc. now owns 16,451 shares of the company’s stock worth $1,713,000 after buying an additional 161 shares during the last quarter. Finally, Howe & Rusling Inc. lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 7.2% during the 4th quarter. Howe & Rusling Inc. now owns 189,907 shares of the company’s stock valued at $19,769,000 after buying an additional 12,786 shares during the period.

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

Shares of NASDAQ IUSG traded up $1.46 during midday trading on Thursday, hitting $113.47. 299,573 shares of the stock traded hands, compared to its average volume of 512,837. The firm has a 50-day moving average of $115.17 and a two-hundred day moving average of $107.06. The firm has a market capitalization of $16.54 billion, a P/E ratio of 26.66 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a one year low of $87.70 and a one year high of $118.45.

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

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

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.