Renasant Bank Buys Shares of 6,600 iShares Core S&P U.S. Growth ETF $IUSG

Renasant Bank purchased a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the first quarter, according to its most recent filing with the SEC. The firm purchased 6,600 shares of the company’s stock, valued at approximately $1,024,000.

Several other institutional investors have also modified their holdings of IUSG. Valpey Financial Services LLC increased its stake in iShares Core S&P U.S. Growth ETF by 16,640.2% in the 4th quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock valued at $592,041,000 after purchasing an additional 3,504,253 shares in the last quarter. Bank of America Corp DE grew its holdings in iShares Core S&P U.S. Growth ETF by 4.4% in the fourth 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. SHP Wealth Management acquired a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at $78,328,000. Tennessee Valley Asset Management Partners purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the third quarter valued at $56,521,000. Finally, Kestra Investment Management LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 40.5% in the fourth quarter. Kestra Investment Management LLC now owns 1,131,808 shares of the company’s stock valued at $190,076,000 after buying an additional 326,483 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Stock Down 0.7%

NASDAQ:IUSG opened at $186.25 on Wednesday. iShares Core S&P U.S. Growth ETF has a 52-week low of $148.39 and a 52-week high of $193.85. The stock has a fifty day simple moving average of $185.74 and a 200-day simple moving average of $172.80. The company has a market capitalization of $31.88 billion, a PE ratio of 32.52 and a beta of 1.16.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.2356 per share. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, June 15th. This represents a $0.94 annualized dividend and a yield of 0.5%.

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.