Ballentine Partners LLC Buys Shares of 8,655 iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Ballentine Partners LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the fourth quarter, Holdings Channel.com reports. The fund bought 8,655 shares of the company’s stock, valued at approximately $1,206,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 0.6% during the 3rd quarter. LPL Financial LLC now owns 14,877,167 shares of the company’s stock worth $1,962,447,000 after buying an additional 91,725 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares Core S&P U.S. Growth ETF by 6.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,339,301 shares of the company’s stock worth $176,667,000 after buying an additional 76,917 shares during the period. Kestra Investment Management LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 11.1% during the 3rd quarter. Kestra Investment Management LLC now owns 840,995 shares of the company’s stock worth $110,936,000 after buying an additional 84,236 shares during the period. Citizens Financial Group Inc. RI grew its position in shares of iShares Core S&P U.S. Growth ETF by 5.2% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 678,511 shares of the company’s stock worth $89,502,000 after buying an additional 33,346 shares during the period. Finally, Benjamin Edwards Inc. grew its position in shares of iShares Core S&P U.S. Growth ETF by 10,090.9% during the 3rd quarter. Benjamin Edwards Inc. now owns 599,022 shares of the company’s stock worth $79,018,000 after buying an additional 593,144 shares during the period.

iShares Core S&P U.S. Growth ETF Stock Up 1.0 %

Shares of IUSG stock opened at $144.07 on Wednesday. The company has a market cap of $21.75 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 52 week low of $106.80 and a 52 week high of $145.11. The firm has a 50 day moving average of $140.57 and a 200-day moving average of $133.27.

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

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

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.