iShares Core S&P U.S. Growth ETF $IUSG Shares Bought by Royal Bank of Canada

Royal Bank of Canada grew its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 13.6% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 1,220,118 shares of the company’s stock after buying an additional 145,703 shares during the period. Royal Bank of Canada owned 0.72% of iShares Core S&P U.S. Growth ETF worth $189,253,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in iShares Core S&P U.S. Growth ETF by 4.4% during the 4th quarter. Bank of America Corp DE now owns 43,507,215 shares of the company’s stock valued at $7,306,602,000 after acquiring an additional 1,853,499 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 1.4% in the 4th quarter. LPL Financial LLC now owns 14,224,602 shares of the company’s stock valued at $2,388,880,000 after purchasing an additional 191,247 shares during the last quarter. Valpey Financial Services LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 16,640.2% in the 4th quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock valued at $592,041,000 after purchasing an additional 3,504,253 shares during the last quarter. Merit Financial Group LLC increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 15.2% in the fourth quarter. Merit Financial Group LLC now owns 1,626,452 shares of the company’s stock valued at $273,146,000 after purchasing an additional 214,255 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 0.9% in the fourth quarter. JPMorgan Chase & Co. now owns 1,621,371 shares of the company’s stock valued at $272,293,000 after purchasing an additional 14,427 shares during the period.

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

iShares Core S&P U.S. Growth ETF stock opened at $176.95 on Thursday. The business has a 50 day simple moving average of $186.26 and a 200-day simple moving average of $174.59. iShares Core S&P U.S. Growth ETF has a 12 month low of $148.39 and a 12 month high of $193.85. The stock has a market capitalization of $30.38 billion, a PE ratio of 32.52 and a beta of 1.16.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.2356 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.94 annualized dividend and a yield of 0.5%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18.

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.