Spectrum Wealth Advisory Group LLC Reduces Stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Spectrum Wealth Advisory Group LLC cut its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 0.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,904 shares of the company’s stock after selling 117 shares during the period. iShares Core S&P U.S. Growth ETF comprises approximately 7.0% of Spectrum Wealth Advisory Group LLC’s investment portfolio, making the stock its 4th largest holding. Spectrum Wealth Advisory Group LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $6,084,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Claro Advisors LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 10.4% during the 1st quarter. Claro Advisors LLC now owns 2,527 shares of the company’s stock valued at $296,000 after purchasing an additional 238 shares during the last quarter. Founders Financial Securities LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 3.6% during the 1st quarter. Founders Financial Securities LLC now owns 84,207 shares of the company’s stock valued at $9,870,000 after purchasing an additional 2,943 shares during the last quarter. Foguth Wealth Management LLC. purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter valued at $3,161,000. Colorado Capital Management Inc. increased its position in shares of iShares Core S&P U.S. Growth ETF by 2.2% during the 1st quarter. Colorado Capital Management Inc. now owns 38,191 shares of the company’s stock valued at $4,476,000 after purchasing an additional 821 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 54.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 98,475 shares of the company’s stock valued at $11,542,000 after purchasing an additional 34,515 shares during the last quarter.

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

Shares of iShares Core S&P U.S. Growth ETF stock traded up $0.63 during trading hours on Tuesday, hitting $129.04. 154,534 shares of the company’s stock traded hands, compared to its average volume of 458,799. The company has a fifty day simple moving average of $121.04 and a 200-day simple moving average of $114.51. iShares Core S&P U.S. Growth ETF has a 12-month low of $90.71 and a 12-month high of $129.70. The stock has a market capitalization of $18.81 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were issued a $0.1445 dividend. This represents a $0.58 annualized dividend and a yield of 0.45%. The ex-dividend date was Tuesday, June 11th.

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

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.