Canvas Wealth Advisors LLC Sells 4,320 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Canvas Wealth Advisors LLC cut its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 4.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,236 shares of the company’s stock after selling 4,320 shares during the quarter. iShares Core S&P U.S. Growth ETF comprises approximately 2.3% of Canvas Wealth Advisors LLC’s holdings, making the stock its 11th largest holding. Canvas Wealth Advisors LLC owned approximately 0.05% of iShares Core S&P U.S. Growth ETF worth $18,329,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of IUSG. DecisionPoint Financial LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 283.3% during the 3rd quarter. DecisionPoint Financial LLC now owns 138 shares of the company’s stock valued at $27,000 after purchasing an additional 102 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the third quarter worth about $28,000. Richards Merrill & Peterson Inc. bought a new stake in iShares Core S&P U.S. Growth ETF in the third quarter worth about $40,000. Darwin Wealth Management LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the first quarter worth about $34,000. Finally, Latitude Advisors LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the third quarter valued at approximately $44,000.

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

Shares of NASDAQ:IUSG traded up $1.70 during trading hours on Friday, hitting $177.05. 1,429,806 shares of the company’s stock traded hands, compared to its average volume of 675,358. The firm has a market capitalization of $31.38 billion, a P/E ratio of 24.95 and a beta of 1.16. The business has a fifty day moving average price of $190.90 and a 200-day moving average price of $180.58. iShares Core S&P U.S. Growth ETF has a 1 year low of $148.39 and a 1 year high of $200.01.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a dividend of $0.2445 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.98 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 $0.2356.

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.