iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Hits New 12-Month High – What’s Next?
by Teresa Graham · The Cerbat GemShares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $172.69 and last traded at $172.65, with a volume of 601712 shares trading hands. The stock had previously closed at $170.80.
iShares Core S&P U.S. Growth ETF Trading Up 1.1%
The company has a 50 day moving average of $162.00 and a 200 day moving average of $165.52. The firm has a market cap of $29.05 billion, a price-to-earnings ratio of 32.52 and a beta of 1.14.
iShares Core S&P U.S. Growth ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a $0.1752 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.70 annualized dividend and a yield of 0.4%.
Hedge Funds Weigh In On iShares Core S&P U.S. Growth ETF
Several institutional investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. raised its position in iShares Core S&P U.S. Growth ETF by 34.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 175,404 shares of the company’s stock valued at $29,457,000 after purchasing an additional 45,059 shares during the last quarter. Corient Private Wealth LLC raised its position in iShares Core S&P U.S. Growth ETF by 35.5% in the 4th quarter. Corient Private Wealth LLC now owns 353,947 shares of the company’s stock valued at $59,456,000 after purchasing an additional 92,774 shares during the last quarter. Worthington Financial Partners LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at $1,536,000. Pure Financial Advisors LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at $203,000. Finally, SHP Wealth Management bought a new position in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at $78,328,000.
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.