Keenan LLC Makes New $3.37 Million Investment in iShares Core S&P U.S. Growth ETF $IUSG

Keenan LLC purchased a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 20,085 shares of the company’s stock, valued at approximately $3,373,000. iShares Core S&P U.S. Growth ETF comprises about 3.0% of Keenan LLC’s investment portfolio, making the stock its 11th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Valpey Financial Services LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 16,640.2% during the fourth quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock valued at $592,041,000 after acquiring an additional 3,504,253 shares during the last quarter. Bank of America Corp DE raised its stake in iShares Core S&P U.S. Growth ETF by 4.4% in the 4th quarter. Bank of America Corp DE now owns 43,507,215 shares of the company’s stock valued at $7,306,602,000 after purchasing an additional 1,853,499 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $56,521,000. Kestra Investment Management LLC raised its stake in iShares Core S&P U.S. Growth ETF by 40.5% in the 4th quarter. Kestra Investment Management LLC now owns 1,131,808 shares of the company’s stock valued at $190,076,000 after purchasing an additional 326,483 shares during the last quarter. Finally, Bleakley Financial Group LLC lifted its holdings in iShares Core S&P U.S. Growth ETF by 2,061.6% in the 4th quarter. Bleakley Financial Group LLC now owns 228,719 shares of the company’s stock valued at $38,411,000 after purchasing an additional 218,138 shares in the last quarter.

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

iShares Core S&P U.S. Growth ETF stock opened at $188.68 on Friday. iShares Core S&P U.S. Growth ETF has a 12-month low of $142.55 and a 12-month high of $193.85. The stock has a market capitalization of $31.96 billion, a P/E ratio of 32.52 and a beta of 1.17. The firm’s 50-day moving average is $182.64 and its two-hundred day moving average is $171.32.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.2356 dividend. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 15th.

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.