iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw unusually-strong trading volume on Monday . Approximately 2,852,911 shares traded hands during trading, an increase of 444% from the previous session’s volume of 524,816 shares.The stock last traded at $144.90 and had previously closed at $143.54.

iShares Core S&P U.S. Growth ETF Stock Down 0.3 %

The business has a 50-day moving average of $142.36 and a 200-day moving average of $134.82. The stock has a market cap of $21.71 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06.

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

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.254 per share. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares Core S&P U.S. Growth ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Atala Financial Inc acquired a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at approximately $25,000. Noble Wealth Management PBC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter valued at $34,000. Mogy Joel R Investment Counsel Inc. boosted its holdings in iShares Core S&P U.S. Growth ETF by 316.7% in the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock worth $35,000 after purchasing an additional 190 shares in the last quarter. Venturi Wealth Management LLC increased its position in iShares Core S&P U.S. Growth ETF by 460.0% during the third quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock worth $33,000 after buying an additional 207 shares during the last quarter. Finally, Cape Investment Advisory Inc. acquired a new position in iShares Core S&P U.S. Growth ETF during the fourth quarter worth $41,000.

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.