Parsons Capital Management Inc. RI Sells 163 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Parsons Capital Management Inc. RI lessened its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 0.5% in the 2nd quarter, Holdings Channel reports. The firm owned 34,363 shares of the company’s stock after selling 163 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares Core S&P U.S. Growth ETF were worth $5,168,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Brown Advisory Inc. increased its stake in iShares Core S&P U.S. Growth ETF by 8.5% in the first quarter. Brown Advisory Inc. now owns 2,618 shares of the company’s stock valued at $333,000 after purchasing an additional 206 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in iShares Core S&P U.S. Growth ETF by 192.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 26,802 shares of the company’s stock valued at $3,437,000 after purchasing an additional 17,638 shares in the last quarter. Cerity Partners LLC increased its stake in iShares Core S&P U.S. Growth ETF by 23.4% in the first quarter. Cerity Partners LLC now owns 8,274 shares of the company’s stock valued at $1,051,000 after purchasing an additional 1,570 shares in the last quarter. Johnson Investment Counsel Inc. bought a new stake in iShares Core S&P U.S. Growth ETF in the first quarter valued at approximately $235,000. Finally, Fifth Third Bancorp increased its stake in iShares Core S&P U.S. Growth ETF by 9.6% in the second quarter. Fifth Third Bancorp now owns 3,618 shares of the company’s stock valued at $544,000 after purchasing an additional 318 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Stock Up 0.4%

Shares of IUSG stock opened at $165.28 on Thursday. The firm has a fifty day moving average of $158.88 and a 200-day moving average of $144.87. iShares Core S&P U.S. Growth ETF has a 12-month low of $108.91 and a 12-month high of $166.00. The company has a market capitalization of $25.57 billion, a price-to-earnings ratio of 32.52 and a beta of 1.06.

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

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

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.