Graypoint LLC Makes New $1.74 Million Investment in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Graypoint LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 13,629 shares of the company’s stock, valued at approximately $1,737,000.

A number of other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter valued at approximately $12,809,000. GAMMA Investing LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth about $31,000. Brio Consultants LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 15.4% during the 4th quarter. Brio Consultants LLC now owns 86,438 shares of the company’s stock worth $8,998,000 after acquiring an additional 11,508 shares in the last quarter. DDFG Inc grew its position in shares of iShares Core S&P U.S. Growth ETF by 0.4% during the 4th quarter. DDFG Inc now owns 272,361 shares of the company’s stock valued at $28,353,000 after acquiring an additional 1,165 shares during the period. Finally, Vantage Financial Partners LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 6.2% in the 4th quarter. Vantage Financial Partners LLC now owns 99,183 shares of the company’s stock valued at $10,325,000 after purchasing an additional 5,767 shares in the last quarter.

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

IUSG stock traded up $1.31 during mid-day trading on Friday, reaching $128.35. 237,288 shares of the company’s stock were exchanged, compared to its average volume of 436,231. The company has a market cap of $19.09 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06. The stock’s 50 day moving average is $126.96 and its 200 day moving average is $120.79. iShares Core S&P U.S. Growth ETF has a 12-month low of $90.71 and a 12-month high of $133.65.

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. Investors of record on Tuesday, June 11th were issued a $0.1445 dividend. This represents a $0.58 annualized dividend and a yield of 0.45%. The ex-dividend date was Tuesday, June 11th.

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.