Independent Advisor Alliance Takes $4.03 Million Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Independent Advisor Alliance acquired a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 4th quarter, Holdings Channel reports. The fund acquired 28,919 shares of the company’s stock, valued at approximately $4,030,000.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth $177,085,000. Benjamin Edwards Inc. increased its position in shares of iShares Core S&P U.S. Growth ETF by 10,090.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 599,022 shares of the company’s stock valued at $79,018,000 after acquiring an additional 593,144 shares during the period. Blue Trust Inc. raised its stake in iShares Core S&P U.S. Growth ETF by 32.6% in the 4th quarter. Blue Trust Inc. now owns 1,933,528 shares of the company’s stock worth $269,437,000 after acquiring an additional 474,923 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in iShares Core S&P U.S. Growth ETF during the 4th quarter worth about $29,400,000. Finally, Strategic Financial Concepts LLC purchased a new stake in iShares Core S&P U.S. Growth ETF during the 4th quarter valued at about $25,989,000.

iShares Core S&P U.S. Growth ETF Stock Down 0.4 %

Shares of NASDAQ:IUSG opened at $127.20 on Wednesday. iShares Core S&P U.S. Growth ETF has a 52-week low of $109.63 and a 52-week high of $146.99. The stock has a market cap of $19.18 billion, a price-to-earnings ratio of 29.39 and a beta of 1.06. The business has a 50-day moving average price of $140.97 and a 200-day moving average price of $136.91.

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

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.254 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25.

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.