JPMorgan Chase & Co. Boosts Holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

JPMorgan Chase & Co. raised its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 7.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,434,056 shares of the company’s stock after acquiring an additional 94,755 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Core S&P U.S. Growth ETF were worth $199,836,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IUSG. Raymond James Financial Inc. bought a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter worth $177,085,000. Benjamin Edwards Inc. lifted its stake in iShares Core S&P U.S. Growth ETF by 10,090.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 599,022 shares of the company’s stock worth $79,018,000 after purchasing an additional 593,144 shares in the last quarter. Blue Trust Inc. lifted its stake in iShares Core S&P U.S. Growth ETF by 32.6% in the 4th quarter. Blue Trust Inc. now owns 1,933,528 shares of the company’s stock worth $269,437,000 after purchasing an additional 474,923 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 2.9% during the 4th quarter. LPL Financial LLC now owns 15,302,362 shares of the company’s stock valued at $2,132,384,000 after purchasing an additional 425,195 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter valued at about $29,400,000.

iShares Core S&P U.S. Growth ETF Trading Up 0.0 %

Shares of IUSG stock opened at $127.08 on Tuesday. The stock has a market capitalization of $19.16 billion, a price-to-earnings ratio of 29.58 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 12-month low of $109.63 and a 12-month high of $146.99. The stock’s 50-day moving average price is $137.96 and its 200-day moving average price is $137.29.

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

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were issued a dividend of $0.1767 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.