Coordinated Financial Services Inc. Invests $1.22 Million in iShares Core S&P U.S. Growth ETF $IUSG

Coordinated Financial Services Inc. bought a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,116 shares of the company’s stock, valued at approximately $1,221,000.

Other large investors have also added to or reduced their stakes in the company. Capital A Wealth Management LLC grew its position in iShares Core S&P U.S. Growth ETF by 705.3% during the first quarter. Capital A Wealth Management LLC now owns 306 shares of the company’s stock worth $39,000 after buying an additional 268 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in iShares Core S&P U.S. Growth ETF during the first quarter worth approximately $47,000. National Bank of Canada FI grew its position in iShares Core S&P U.S. Growth ETF by 50.0% during the first quarter. National Bank of Canada FI now owns 450 shares of the company’s stock worth $57,000 after buying an additional 150 shares in the last quarter. NBC Securities Inc. acquired a new stake in iShares Core S&P U.S. Growth ETF during the first quarter worth approximately $66,000. Finally, NorthRock Partners LLC grew its position in iShares Core S&P U.S. Growth ETF by 107.1% during the first quarter. NorthRock Partners LLC now owns 551 shares of the company’s stock worth $70,000 after buying an additional 285 shares in the last quarter.

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

Shares of NASDAQ:IUSG opened at $166.31 on Friday. The company has a market capitalization of $25.53 billion, a P/E ratio of 32.52 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 1 year low of $108.91 and a 1 year high of $166.69. The business’s 50 day simple moving average is $160.10 and its 200 day simple moving average is $146.33.

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

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

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.