Elevation Capital Advisory LLC Takes Position in iShares Core S&P U.S. Growth ETF $IUSG

Elevation Capital Advisory LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 23,453 shares of the company’s stock, valued at approximately $3,527,000. iShares Core S&P U.S. Growth ETF makes up approximately 1.4% of Elevation Capital Advisory LLC’s portfolio, making the stock its 23rd largest holding.

A number of other institutional investors have also recently bought and sold shares of IUSG. Brown Advisory Inc. increased its position in iShares Core S&P U.S. Growth ETF by 8.5% in the 1st quarter. Brown Advisory Inc. now owns 2,618 shares of the company’s stock worth $333,000 after purchasing an additional 206 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 192.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 26,802 shares of the company’s stock valued at $3,437,000 after buying an additional 17,638 shares in the last quarter. Cerity Partners LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 23.4% in the 1st quarter. Cerity Partners LLC now owns 8,274 shares of the company’s stock valued at $1,051,000 after buying an additional 1,570 shares in the last quarter. DAVENPORT & Co LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 12.5% in the second quarter. DAVENPORT & Co LLC now owns 3,375 shares of the company’s stock worth $508,000 after buying an additional 374 shares during the last quarter. Finally, Greenleaf Trust bought a new position in iShares Core S&P U.S. Growth ETF during the second quarter valued at approximately $244,000.

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

NASDAQ IUSG opened at $164.10 on Monday. The stock has a market capitalization of $25.23 billion, a PE ratio of 32.52 and a beta of 1.06. 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 company has a 50 day moving average price of $161.09 and a two-hundred day moving average price of $148.04.

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

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.2487 per share. This represents a $0.99 annualized dividend and a 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 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.