GDS Wealth Management Has $6.64 Million Stock Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

GDS Wealth Management boosted its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 72.9% during the 4th quarter, HoldingsChannel reports. The fund owned 63,822 shares of the company’s stock after buying an additional 26,902 shares during the quarter. GDS Wealth Management’s holdings in iShares Core S&P U.S. Growth ETF were worth $6,644,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Benchmark Financial Wealth Advisors LLC boosted its holdings in iShares Core S&P U.S. Growth ETF by 2.4% during the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 10,500 shares of the company’s stock valued at $1,093,000 after purchasing an additional 247 shares in the last quarter. Crestwood Advisors Group LLC acquired a new position in iShares Core S&P U.S. Growth ETF during the third quarter worth $504,000. SVB Wealth LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 74.8% during the fourth quarter. SVB Wealth LLC now owns 9,473 shares of the company’s stock valued at $986,000 after acquiring an additional 4,053 shares during the period. Royal Bank of Canada boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 3.4% in the 3rd quarter. Royal Bank of Canada now owns 699,220 shares of the company’s stock valued at $66,308,000 after purchasing an additional 23,231 shares in the last quarter. Finally, Bernardo Wealth Planning LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter worth about $213,000.

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

Shares of NASDAQ IUSG traded up $0.40 during mid-day trading on Thursday, hitting $117.40. 278,280 shares of the stock were exchanged, compared to its average volume of 501,146. The company has a market cap of $17.12 billion, a P/E ratio of 26.66 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a twelve month low of $89.14 and a twelve month high of $118.45. The stock’s fifty day simple moving average is $115.36 and its two-hundred day simple moving average is $107.76.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were issued a $0.1667 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.57%.

iShares Core S&P U.S. Growth ETF Company 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.