iShares Core S&P U.S. Growth ETF $IUSG Shares Bought by Madison Wealth Partners Inc

Madison Wealth Partners Inc lifted its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 4.6% during the second quarter, Holdings Channel.com reports. The fund owned 408,133 shares of the company’s stock after purchasing an additional 17,985 shares during the period. iShares Core S&P U.S. Growth ETF accounts for about 13.4% of Madison Wealth Partners Inc’s holdings, making the stock its biggest holding. Madison Wealth Partners Inc’s holdings in iShares Core S&P U.S. Growth ETF were worth $61,383,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its stake in iShares Core S&P U.S. Growth ETF by 4.8% during the 2nd quarter. Blue Trust Inc. now owns 1,975,369 shares of the company’s stock valued at $297,095,000 after purchasing an additional 90,129 shares in the last quarter. Merit Financial Group LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 37.3% during the second quarter. Merit Financial Group LLC now owns 1,539,575 shares of the company’s stock valued at $231,552,000 after buying an additional 418,656 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Core S&P U.S. Growth ETF by 5.9% during the first quarter. JPMorgan Chase & Co. now owns 1,518,967 shares of the company’s stock worth $193,031,000 after acquiring an additional 84,911 shares during the period. Commonwealth Equity Services LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 4.5% during the first quarter. Commonwealth Equity Services LLC now owns 1,418,831 shares of the company’s stock worth $180,305,000 after acquiring an additional 61,235 shares during the period. Finally, Royal Bank of Canada raised its position in iShares Core S&P U.S. Growth ETF by 8.6% in the first quarter. Royal Bank of Canada now owns 946,059 shares of the company’s stock worth $120,225,000 after acquiring an additional 75,113 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Trading Up 0.5%

Shares of NASDAQ IUSG opened at $164.10 on Monday. iShares Core S&P U.S. Growth ETF has a twelve month low of $108.91 and a twelve month high of $167.15. The firm has a 50-day moving average of $161.09 and a two-hundred day moving average of $148.04. The company has a market capitalization of $25.23 billion, a price-to-earnings ratio of 32.52 and a beta of 1.06.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a $0.2487 dividend. This represents a $0.99 annualized dividend and a yield of 0.6%. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Tuesday, September 16th.

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