RFG Advisory LLC Purchases 1,114 Shares of iShares Core S&P U.S. Growth ETF $IUSG

RFG Advisory LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 2.9% during the second quarter, Holdings Channel reports. The institutional investor owned 39,655 shares of the company’s stock after purchasing an additional 1,114 shares during the quarter. RFG Advisory LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $5,964,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Perfromance Wealth Partners LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF during the second quarter valued at about $204,000. Axxcess Wealth Management LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 447.3% during the second quarter. Axxcess Wealth Management LLC now owns 11,532 shares of the company’s stock valued at $1,734,000 after buying an additional 9,425 shares during the last quarter. Cutler Investment Counsel LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 0.3% during the second quarter. Cutler Investment Counsel LLC now owns 193,251 shares of the company’s stock valued at $29,065,000 after buying an additional 572 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 11.1% during the second quarter. Atria Wealth Solutions Inc. now owns 55,936 shares of the company’s stock valued at $8,479,000 after buying an additional 5,576 shares during the last quarter. Finally, Endowment Wealth Management Inc. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 16.4% during the second quarter. Endowment Wealth Management Inc. now owns 41,503 shares of the company’s stock valued at $6,242,000 after buying an additional 5,843 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Trading Up 2.1%

Shares of NASDAQ:IUSG opened at $164.57 on Tuesday. The stock’s 50-day moving average price is $160.45 and its 200-day moving average price is $147.01. iShares Core S&P U.S. Growth ETF has a 12-month low of $108.91 and a 12-month high of $167.15. The stock has a market capitalization of $25.27 billion, a P/E ratio of 32.52 and a beta of 1.06.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a dividend of $0.2487 per share. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Tuesday, September 16th.

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.