iShares Core S&P U.S. Growth ETF $IUSG Shares Sold by Bank of America Corp DE

Bank of America Corp DE decreased its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 4.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 41,653,716 shares of the company’s stock after selling 1,810,351 shares during the quarter. iShares Core S&P U.S. Growth ETF comprises about 0.5% of Bank of America Corp DE’s holdings, making the stock its 28th biggest position. Bank of America Corp DE owned 0.27% of iShares Core S&P U.S. Growth ETF worth $6,853,702,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Imprint Wealth LLC acquired a new position in iShares Core S&P U.S. Growth ETF during the third quarter worth about $25,000. Financial Life Planners acquired a new stake in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $27,000. Elevation Point Wealth Partners LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at about $34,000. Global Wealth Strategies & Associates lifted its stake in iShares Core S&P U.S. Growth ETF by 54.0% in the 3rd quarter. Global Wealth Strategies & Associates now owns 231 shares of the company’s stock worth $38,000 after purchasing an additional 81 shares in the last quarter. Finally, Evolution Wealth Management Inc. lifted its stake in iShares Core S&P U.S. Growth ETF by 53.0% in the 3rd quarter. Evolution Wealth Management Inc. now owns 228 shares of the company’s stock worth $38,000 after purchasing an additional 79 shares in the last quarter.

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

Shares of iShares Core S&P U.S. Growth ETF stock opened at $159.81 on Friday. The stock’s 50 day simple moving average is $166.48 and its 200-day simple moving average is $165.78. The stock has a market cap of $26.02 billion, a P/E ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 1-year low of $108.91 and a 1-year high of $172.33.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $0.2627 per share. The ex-dividend date was Tuesday, December 16th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25. This represents a $1.05 dividend on an annualized basis and a yield of 0.7%.

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.