Savvy Advisors Inc. Invests $619,000 in iShares Core S&P U.S. Growth ETF $IUSG

Savvy Advisors Inc. purchased a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGFree Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 3,689 shares of the company’s stock, valued at approximately $619,000.

Several other hedge funds have also recently modified their holdings of IUSG. Brighton Jones LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock worth $1,702,000 after purchasing an additional 199 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 35.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 110,110 shares of the company’s stock worth $13,993,000 after purchasing an additional 28,807 shares during the period. CW Advisors LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 29.8% in the 2nd quarter. CW Advisors LLC now owns 2,767 shares of the company’s stock worth $416,000 after purchasing an additional 636 shares during the period. Marshall Wace LLP purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the 2nd quarter worth approximately $1,994,000. Finally, NewEdge Advisors LLC lifted its position in iShares Core S&P U.S. Growth ETF by 4.4% during the second quarter. NewEdge Advisors LLC now owns 44,097 shares of the company’s stock valued at $6,632,000 after acquiring an additional 1,842 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Stock Up 3.0%

Shares of IUSG opened at $163.45 on Thursday. The company has a market cap of $27.45 billion, a price-to-earnings ratio of 32.52 and a beta of 1.14. iShares Core S&P U.S. Growth ETF has a twelve month low of $113.23 and a twelve month high of $172.33. The company has a 50 day moving average of $162.17 and a two-hundred day moving average of $165.42.

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

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were paid a $0.1752 dividend. This represents a $0.70 annualized dividend and a yield of 0.4%. The ex-dividend date was Tuesday, March 17th.

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

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IUSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGFree Report).

Institutional Ownership by Quarter for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Receive News & Ratings for iShares Core S&P U.S. Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P U.S. Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.