Sandy Spring Bank Has $32.54 Million Holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Sandy Spring Bank cut its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 4.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 233,511 shares of the company’s stock after selling 11,113 shares during the period. iShares Core S&P U.S. Growth ETF makes up approximately 1.3% of Sandy Spring Bank’s investment portfolio, making the stock its 15th largest position. Sandy Spring Bank owned about 0.15% of iShares Core S&P U.S. Growth ETF worth $32,540,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Ieq Capital LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 0.4% in the fourth quarter. Ieq Capital LLC now owns 20,137 shares of the company’s stock valued at $2,806,000 after acquiring an additional 77 shares in the last quarter. Empower Advisory Group LLC grew its stake in iShares Core S&P U.S. Growth ETF by 1.8% during the fourth quarter. Empower Advisory Group LLC now owns 4,367 shares of the company’s stock worth $609,000 after buying an additional 78 shares in the last quarter. Diversified Enterprises LLC grew its stake in iShares Core S&P U.S. Growth ETF by 1.2% during the fourth quarter. Diversified Enterprises LLC now owns 7,461 shares of the company’s stock worth $1,040,000 after buying an additional 86 shares in the last quarter. Rooted Wealth Advisors Inc. grew its stake in iShares Core S&P U.S. Growth ETF by 0.4% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 21,394 shares of the company’s stock worth $3,005,000 after buying an additional 95 shares in the last quarter. Finally, Caprock Group LLC grew its stake in iShares Core S&P U.S. Growth ETF by 0.6% during the third quarter. Caprock Group LLC now owns 17,466 shares of the company’s stock worth $2,304,000 after buying an additional 110 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Stock Up 1.6 %

Shares of iShares Core S&P U.S. Growth ETF stock opened at $130.09 on Thursday. The company has a market capitalization of $19.62 billion, a price-to-earnings ratio of 29.39 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 12-month low of $109.63 and a 12-month high of $146.99. The firm’s 50-day moving average price is $139.58 and its two-hundred day moving average price is $136.90.

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

The business also recently declared a dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th will be paid a $0.1767 dividend. The ex-dividend date is Tuesday, March 18th.

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.