iShares Core S&P U.S. Growth ETF $IUSG Stock Sold by PCA Investment Advisory Services Inc.

PCA Investment Advisory Services Inc. reduced its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,081 shares of the company’s stock after selling 3,477 shares during the period. iShares Core S&P U.S. Growth ETF comprises approximately 5.2% of PCA Investment Advisory Services Inc.’s investment portfolio, making the stock its 8th largest position. PCA Investment Advisory Services Inc. owned 0.06% of iShares Core S&P U.S. Growth ETF worth $19,003,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IUSG. Bank of America Corp DE increased its position in iShares Core S&P U.S. Growth ETF by 21.3% during 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 in the last quarter. SHP Wealth Management acquired a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at approximately $78,328,000. Envestnet Asset Management Inc. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 10.4% during 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 during the last quarter. Align Financial LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter worth $34,042,000. Finally, Royal Bank of Canada grew its stake in shares of iShares Core S&P U.S. Growth ETF by 13.6% during 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 last quarter.

iShares Core S&P U.S. Growth ETF Stock Down 0.3%

Shares of NASDAQ:IUSG traded down $0.56 during trading on Tuesday, hitting $196.43. 139,488 shares of the company were exchanged, compared to its average volume of 679,087. The business’s 50 day moving average is $192.59 and its 200-day moving average is $184.62. The company has a market capitalization of $34.56 billion, a P/E ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 1-year low of $148.39 and a 1-year 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. Investors of record on Tuesday, September 15th were issued a dividend of $0.2445 per share. This is a positive change 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. This represents a $0.98 annualized dividend and a dividend yield of 0.5%.

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.