Proficio Capital Partners LLC Makes New $29.40 Million Investment in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Proficio Capital Partners LLC bought a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 210,976 shares of the company’s stock, valued at approximately $29,400,000. Proficio Capital Partners LLC owned approximately 0.14% of iShares Core S&P U.S. Growth ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IUSG. Ieq Capital LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 0.4% during the 4th quarter. Ieq Capital LLC now owns 20,137 shares of the company’s stock worth $2,806,000 after purchasing an additional 77 shares during the last quarter. Empower Advisory Group LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 1.8% during the 4th quarter. Empower Advisory Group LLC now owns 4,367 shares of the company’s stock worth $609,000 after purchasing an additional 78 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of iShares Core S&P U.S. Growth ETF by 0.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,317 shares of the company’s stock worth $1,361,000 after purchasing an additional 90 shares during the last quarter. Rooted Wealth Advisors Inc. increased its stake in shares of iShares Core S&P U.S. Growth ETF by 0.4% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 21,394 shares of the company’s stock worth $3,005,000 after purchasing an additional 95 shares during the last quarter. Finally, Seascape Capital Management increased its stake in shares of iShares Core S&P U.S. Growth ETF by 2.4% during the 3rd quarter. Seascape Capital Management now owns 4,211 shares of the company’s stock worth $555,000 after purchasing an additional 99 shares during the last quarter.

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

Shares of IUSG opened at $138.55 on Friday. The company’s fifty day moving average is $142.48 and its 200-day moving average is $136.45. 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 has a market cap of $20.89 billion, a price-to-earnings ratio of 32.99 and a beta of 1.06.

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

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.254 dividend. 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.

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.