Financial Council LLC Has $12.32 Million Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Financial Council LLC cut its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 0.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 88,389 shares of the company’s stock after selling 316 shares during the period. iShares Core S&P U.S. Growth ETF makes up 6.3% of Financial Council LLC’s holdings, making the stock its 4th biggest holding. Financial Council LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $12,317,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IUSG. Noble Wealth Management PBC purchased a new stake in iShares Core S&P U.S. Growth ETF during the fourth quarter worth $34,000. Mogy Joel R Investment Counsel Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF by 316.7% in the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock worth $35,000 after acquiring an additional 190 shares in the last quarter. Venturi Wealth Management LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 460.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock worth $33,000 after purchasing an additional 207 shares during the last quarter. Cape Investment Advisory Inc. bought a new stake in iShares Core S&P U.S. Growth ETF during the fourth quarter valued at about $41,000. Finally, Stonebridge Financial Group LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at about $42,000.

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

IUSG stock opened at $138.55 on Monday. iShares Core S&P U.S. Growth ETF has a one year low of $109.63 and a one year high of $146.99. The firm has a market cap of $20.89 billion, a price-to-earnings ratio of 32.99 and a beta of 1.06. The firm has a 50-day simple moving average of $142.43 and a two-hundred day simple moving average of $136.74.

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

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.254 per share. This is a boost from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Tuesday, December 17th.

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.