Cedrus LLC Invests $1.69 Million in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Cedrus LLC acquired a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 12,810 shares of the company’s stock, valued at approximately $1,690,000.

Other hedge funds have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its stake in iShares Core S&P U.S. Growth ETF by 128.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 259,919 shares of the company’s stock valued at $27,058,000 after buying an additional 146,235 shares in the last quarter. Inspire Advisors LLC acquired a new position in iShares Core S&P U.S. Growth ETF in the 2nd quarter worth $349,000. Sequoia Financial Advisors LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 4.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 16,664 shares of the company’s stock worth $1,953,000 after purchasing an additional 646 shares during the period. Crestwood Advisors Group LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 5.1% during the 2nd quarter. Crestwood Advisors Group LLC now owns 6,354 shares of the company’s stock worth $810,000 after purchasing an additional 311 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its stake in shares of iShares Core S&P U.S. Growth ETF by 0.9% in the 1st quarter. Oppenheimer & Co. Inc. now owns 10,059 shares of the company’s stock valued at $1,179,000 after purchasing an additional 92 shares during the period.

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

Shares of iShares Core S&P U.S. Growth ETF stock opened at $134.32 on Friday. The firm has a market cap of $20.16 billion, a PE ratio of 27.75 and a beta of 1.06. The business’s 50 day simple moving average is $129.02 and its 200 day simple moving average is $124.30. iShares Core S&P U.S. Growth ETF has a 52-week low of $90.71 and a 52-week high of $134.92.

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

The business also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a dividend of $0.2513 per share. The ex-dividend date was Wednesday, September 25th.

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.