iShares Core S&P U.S. Growth ETF $IUSG Stock: Ledyard National Bank Reduces Stake

Ledyard National Bank decreased its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 93.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,088 shares of the company’s stock after selling 15,326 shares during the period. Ledyard National Bank’s holdings in iShares Core S&P U.S. Growth ETF were worth $211,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SeaCrest Wealth Management LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 20.4% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 7,059 shares of the company’s stock valued at $1,368,000 after buying an additional 1,196 shares during the last quarter. NBT Bank N.A. bought a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter worth approximately $2,121,000. Root Financial Partners LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the third quarter worth approximately $124,000. Arwa LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the third quarter worth approximately $2,924,000. Finally, Axxcess Wealth Management LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 5.1% during the third quarter. Axxcess Wealth Management LLC now owns 4,618 shares of the company’s stock worth $895,000 after buying an additional 226 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Trading Down 0.5%

IUSG opened at $186.05 on Friday. The stock has a market capitalization of $32.75 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. The business has a 50 day moving average of $192.13 and a 200-day moving average of $186.70. iShares Core S&P U.S. Growth ETF has a 1-year low of $148.39 and a 1-year high of $200.01.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.2445 per share. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. This represents a $0.98 dividend on an annualized basis and a yield of 0.5%.

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.