1900 Wealth Management LLC Sells 1,594 Shares of iShares Core S&P U.S. Growth ETF $IUSG

1900 Wealth Management LLC reduced its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 4.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 37,639 shares of the company’s stock after selling 1,594 shares during the quarter. 1900 Wealth Management LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $5,661,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IUSG. Independence Financial Advisors LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the first quarter valued at $62,741,000. SCS Capital Management LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the first quarter worth about $28,614,000. Allworth Financial LP raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 34.3% in the 1st quarter. Allworth Financial LP now owns 466,482 shares of the company’s stock worth $59,374,000 after acquiring an additional 119,081 shares during the last quarter. CX Institutional raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 38.4% in the 1st quarter. CX Institutional now owns 407,174 shares of the company’s stock worth $51,744,000 after acquiring an additional 112,903 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in iShares Core S&P U.S. Growth ETF by 5.9% in the 1st quarter. JPMorgan Chase & Co. now owns 1,518,967 shares of the company’s stock valued at $193,031,000 after acquiring an additional 84,911 shares in the last quarter.

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

IUSG stock opened at $165.50 on Friday. The business has a 50-day simple moving average of $159.10 and a two-hundred day simple moving average of $145.11. The company has a market capitalization of $25.60 billion, a P/E 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 $166.17.

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

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given a dividend of $0.2487 per share. The ex-dividend date of this dividend was Tuesday, September 16th. 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%.

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.