Envestnet Asset Management Inc. Increases Position in iShares Core S&P U.S. Growth ETF $IUSG

Envestnet Asset Management Inc. increased its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 10.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,166,362 shares of the company’s stock after acquiring an additional 298,332 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $595,533,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Bank of America Corp DE boosted its position in iShares Core S&P U.S. Growth ETF by 21.3% in the first quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock worth $8,185,862,000 after purchasing an additional 9,267,343 shares during the last quarter. LPL Financial LLC grew its stake in iShares Core S&P U.S. Growth ETF by 1.4% in the 4th quarter. LPL Financial LLC now owns 14,224,602 shares of the company’s stock valued at $2,388,880,000 after purchasing an additional 191,247 shares during the period. Valpey Financial Services LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 16,640.2% during the 4th quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock valued at $592,041,000 after purchasing an additional 3,504,253 shares during the last quarter. Kestra Investment Management LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 40.5% during the 4th quarter. Kestra Investment Management LLC now owns 1,131,808 shares of the company’s stock valued at $190,076,000 after purchasing an additional 326,483 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of iShares Core S&P U.S. Growth ETF by 13.6% during the 1st quarter. Royal Bank of Canada now owns 1,220,118 shares of the company’s stock worth $189,253,000 after purchasing an additional 145,703 shares during the period.

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

Shares of NASDAQ IUSG traded down $1.77 during mid-day trading on Wednesday, reaching $193.78. 479,833 shares of the company’s stock were exchanged, compared to its average volume of 701,253. The firm has a 50-day moving average price of $189.26 and a two-hundred day moving average price of $181.19. The firm has a market capitalization of $33.90 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 52 week low of $148.39 and a 52 week high of $196.04.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a dividend of $0.2445 per share. This represents a $0.98 dividend on an annualized basis and a yield of 0.5%. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.24. The ex-dividend date was Tuesday, September 15th.

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

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.