Innovative Wealth Building LLC Decreases Position in iShares Core S&P U.S. Growth ETF $IUSG

Innovative Wealth Building LLC cut its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 33.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 7,757 shares of the company’s stock after selling 3,902 shares during the quarter. iShares Core S&P U.S. Growth ETF accounts for approximately 1.0% of Innovative Wealth Building LLC’s investment portfolio, making the stock its 19th biggest holding. Innovative Wealth Building LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $1,167,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Simplicity Wealth LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the second quarter worth about $490,000. Windward Private Wealth Management Inc. raised its holdings in iShares Core S&P U.S. Growth ETF by 1.8% in the second quarter. Windward Private Wealth Management Inc. now owns 31,905 shares of the company’s stock worth $4,799,000 after buying an additional 553 shares during the last quarter. New Century Financial Group LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the second quarter worth about $292,000. Flagship Private Wealth LLC raised its holdings in iShares Core S&P U.S. Growth ETF by 1.3% in the second quarter. Flagship Private Wealth LLC now owns 27,888 shares of the company’s stock worth $4,194,000 after buying an additional 362 shares during the last quarter. Finally, Cornell Pochily Investment Advisors Inc. raised its holdings in iShares Core S&P U.S. Growth ETF by 5.3% in the second quarter. Cornell Pochily Investment Advisors Inc. now owns 27,493 shares of the company’s stock worth $4,135,000 after buying an additional 1,394 shares during the last quarter.

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

Shares of iShares Core S&P U.S. Growth ETF stock opened at $165.08 on Friday. The stock has a market capitalization of $25.30 billion, a PE ratio of 32.52 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 52-week low of $108.91 and a 52-week high of $166.16. The company has a 50-day simple moving average of $159.28 and a two-hundred day simple moving average of $145.47.

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

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

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.