Investors Research Corp Buys 316 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Investors Research Corp boosted its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 5.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,291 shares of the company’s stock after purchasing an additional 316 shares during the period. Investors Research Corp’s holdings in iShares Core S&P U.S. Growth ETF were worth $830,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IUSG. Hershey Financial Advisers LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the second quarter valued at approximately $25,000. Venturi Wealth Management LLC raised its holdings in iShares Core S&P U.S. Growth ETF by 460.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock valued at $33,000 after acquiring an additional 207 shares during the period. LRI Investments LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the first quarter worth $34,000. Clean Yield Group bought a new position in shares of iShares Core S&P U.S. Growth ETF in the second quarter worth $36,000. Finally, Moisand Fitzgerald Tamayo LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF in the third quarter worth $37,000.

iShares Core S&P U.S. Growth ETF Stock Down 0.2 %

Shares of NASDAQ:IUSG traded down $0.34 during midday trading on Thursday, reaching $136.68. 27,111 shares of the company traded hands, compared to its average volume of 433,973. iShares Core S&P U.S. Growth ETF has a 12 month low of $99.67 and a 12 month high of $139.76. The firm’s fifty day moving average price is $133.25 and its two-hundred day moving average price is $127.77. The firm has a market capitalization of $20.39 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 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.

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.