2,072 Shares in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Purchased by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC acquired a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,072 shares of the company’s stock, valued at approximately $216,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Benchmark Financial Wealth Advisors LLC lifted 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 worth $1,093,000 after acquiring an additional 247 shares during the period. Sheets Smith Wealth Management purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter worth about $61,000. Crestwood Advisors Group LLC bought a new position in iShares Core S&P U.S. Growth ETF during the third quarter valued at about $504,000. SVB Wealth LLC increased its holdings in 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 worth $986,000 after buying an additional 4,053 shares during the last quarter. Finally, Royal Bank of Canada raised its position in iShares Core S&P U.S. Growth ETF by 3.4% in the third quarter. Royal Bank of Canada now owns 699,220 shares of the company’s stock worth $66,308,000 after acquiring an additional 23,231 shares during the period.

iShares Core S&P U.S. Growth ETF Stock Up 1.6 %

iShares Core S&P U.S. Growth ETF stock opened at $112.86 on Wednesday. The company has a market capitalization of $16.40 billion, a P/E ratio of 27.61 and a beta of 1.06. The firm has a 50 day moving average price of $115.01 and a 200-day moving average price of $106.32. iShares Core S&P U.S. Growth ETF has a twelve month low of $87.64 and a twelve month high of $118.45.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a dividend of $0.1667 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.59%.

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.