Cutler Investment Counsel LLC Increases Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Cutler Investment Counsel LLC raised its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 5.9% in the 3rd quarter, Holdings Channel reports. The firm owned 181,184 shares of the company’s stock after acquiring an additional 10,131 shares during the period. iShares Core S&P U.S. Growth ETF makes up 3.0% of Cutler Investment Counsel LLC’s investment portfolio, making the stock its 7th largest holding. Cutler Investment Counsel LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $23,900,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Hershey Financial Advisers LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the second quarter worth $25,000. Venturi Wealth Management LLC increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 460.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock worth $33,000 after buying an additional 207 shares during the last quarter. LRI Investments LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter valued at about $34,000. Atlanta Consulting Group Advisors LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter valued at about $35,000. Finally, Clean Yield Group bought a new position in shares of iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at about $36,000.

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

IUSG stock traded down $2.79 during midday trading on Friday, reaching $135.31. 400,553 shares of the company traded hands, compared to its average volume of 437,094. The firm has a market capitalization of $20.18 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06. The business has a 50 day moving average of $132.52 and a 200-day moving average of $127.19. iShares Core S&P U.S. Growth ETF has a 52-week low of $99.09 and a 52-week high of $139.76.

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

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a $0.2513 dividend. 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.