South Shore Capital Advisors Makes New $8.36 Million Investment in iShares Core S&P U.S. Growth ETF $IUSG

South Shore Capital Advisors bought a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the fourth quarter, HoldingsChannel.com reports. The firm bought 49,801 shares of the company’s stock, valued at approximately $8,364,000. iShares Core S&P U.S. Growth ETF makes up 6.1% of South Shore Capital Advisors’ portfolio, making the stock its 3rd largest position.

A number of other hedge funds also recently bought and sold shares of the stock. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at $25,000. Financial Life Planners purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at $27,000. Realta Investment Advisors lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 627.3% during the 4th quarter. Realta Investment Advisors now owns 160 shares of the company’s stock valued at $27,000 after purchasing an additional 138 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter valued at $34,000. Finally, Global Wealth Strategies & Associates lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 54.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 231 shares of the company’s stock valued at $38,000 after purchasing an additional 81 shares during the last quarter.

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

Shares of IUSG opened at $157.93 on Tuesday. iShares Core S&P U.S. Growth ETF has a 12 month low of $108.91 and a 12 month high of $172.33. The stock has a fifty day moving average price of $162.59 and a 200-day moving average price of $165.47. The firm has a market cap of $26.44 billion, a PE ratio of 32.52 and a beta of 1.11.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.1752 per share. This represents a $0.70 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Tuesday, March 17th.

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.