Valmark Advisers Inc. Purchases 5,410 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Valmark Advisers Inc. lifted its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 2.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 204,582 shares of the company’s stock after purchasing an additional 5,410 shares during the quarter. Valmark Advisers Inc. owned about 0.13% of iShares Core S&P U.S. Growth ETF worth $30,769,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IUSG. Capital A Wealth Management LLC increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 705.3% in the first quarter. Capital A Wealth Management LLC now owns 306 shares of the company’s stock worth $39,000 after purchasing an additional 268 shares during the last quarter. Flaharty Asset Management LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the first quarter worth about $47,000. National Bank of Canada FI increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 50.0% in the first quarter. National Bank of Canada FI now owns 450 shares of the company’s stock worth $57,000 after purchasing an additional 150 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the first quarter worth about $66,000. Finally, NorthRock Partners LLC increased its stake in iShares Core S&P U.S. Growth ETF by 107.1% during the first quarter. NorthRock Partners LLC now owns 551 shares of the company’s stock worth $70,000 after acquiring an additional 285 shares during the last quarter.

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

Shares of NASDAQ IUSG opened at $164.89 on Wednesday. The business’s 50 day moving average is $159.67 and its two-hundred day moving average is $145.96. iShares Core S&P U.S. Growth ETF has a 1-year low of $108.91 and a 1-year high of $166.21. The stock has a market capitalization of $25.31 billion, a P/E 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. Shareholders of record on Tuesday, September 16th were paid a dividend of $0.2487 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This is an increase 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 yield of 0.6%.

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