Founders Financial Securities LLC Acquires 9,136 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Founders Financial Securities LLC increased its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 8.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,557 shares of the company’s stock after acquiring an additional 9,136 shares during the period. iShares Core S&P U.S. Growth ETF comprises 1.2% of Founders Financial Securities LLC’s investment portfolio, making the stock its 15th biggest holding. Founders Financial Securities LLC owned 0.07% of iShares Core S&P U.S. Growth ETF worth $19,686,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Kingswood Wealth Advisors LLC boosted its position in shares of iShares Core S&P U.S. Growth ETF by 140.4% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 11,048 shares of the company’s stock valued at $1,855,000 after buying an additional 6,453 shares during the last quarter. Private Advisor Group LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 4.1% during the third quarter. Private Advisor Group LLC now owns 213,270 shares of the company’s stock worth $35,092,000 after buying an additional 8,487 shares in the last quarter. Wealthquest Corp purchased a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at $694,000. Tudor Investment Corp ET AL purchased a new stake in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at $1,069,000. Finally, Allspring Global Investments Holdings LLC lifted its stake in iShares Core S&P U.S. Growth ETF by 186.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 19,107 shares of the company’s stock valued at $3,213,000 after acquiring an additional 12,436 shares in the last quarter.

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

Shares of NASDAQ:IUSG opened at $188.68 on Friday. The stock has a market cap of $31.96 billion, a PE ratio of 32.52 and a beta of 1.17. The stock’s fifty day simple moving average is $182.64 and its two-hundred day simple moving average is $171.32. iShares Core S&P U.S. Growth ETF has a 1-year low of $142.55 and a 1-year high of $193.85.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.2356 dividend. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. This represents a $0.94 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, June 15th.

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.