Sweeney & Michel LLC Takes $1.26 Million Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Sweeney & Michel LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,627 shares of the company’s stock, valued at approximately $1,256,000.

Several other hedge funds have also recently modified their holdings of IUSG. Chicago Partners Investment Group LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 0.6% in the 4th quarter. Chicago Partners Investment Group LLC now owns 16,590 shares of the company’s stock worth $1,798,000 after buying an additional 92 shares during the period. Oppenheimer & Co. Inc. increased its holdings in 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 worth $1,179,000 after buying an additional 92 shares during the period. FinTrust Capital Advisors LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 9.4% in the 4th quarter. FinTrust Capital Advisors LLC now owns 1,094 shares of the company’s stock worth $114,000 after buying an additional 94 shares during the period. FAS Wealth Partners Inc. increased its holdings in iShares Core S&P U.S. Growth ETF by 41.4% in the 1st quarter. FAS Wealth Partners Inc. now owns 376 shares of the company’s stock worth $44,000 after buying an additional 110 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 0.4% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 29,028 shares of the company’s stock worth $3,022,000 after buying an additional 111 shares during the period.

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

NASDAQ:IUSG traded down $1.52 during midday trading on Tuesday, hitting $122.91. The company’s stock had a trading volume of 432,250 shares, compared to its average volume of 444,740. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $90.71 and a fifty-two week high of $133.65. The firm’s 50 day moving average is $126.34 and its 200-day moving average is $118.27. The firm has a market cap of $18.26 billion, a P/E ratio of 27.75 and a beta of 1.06.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a dividend of $0.1445 per share. The ex-dividend date was Tuesday, June 11th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.47%.

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.