Park Avenue Securities LLC Makes New $8.79 Million Investment in iShares Core S&P U.S. Growth ETF $IUSG

Park Avenue Securities LLC bought a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 45,371 shares of the company’s stock, valued at approximately $8,791,000.

Several other hedge funds also recently bought and sold shares of the company. Parallel Advisors LLC increased its position in iShares Core S&P U.S. Growth ETF by 0.7% in the 1st quarter. Parallel Advisors LLC now owns 9,087 shares of the company’s stock worth $1,409,000 after purchasing an additional 60 shares during the last quarter. Physician Wealth Advisors Inc. raised its stake in shares of iShares Core S&P U.S. Growth ETF by 18.8% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 379 shares of the company’s stock worth $73,000 after purchasing an additional 60 shares in the last quarter. Annex Advisory Services LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 1.5% during the 2nd quarter. Annex Advisory Services LLC now owns 4,338 shares of the company’s stock valued at $816,000 after buying an additional 63 shares during the last quarter. HB Wealth Management LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 0.3% during the 1st quarter. HB Wealth Management LLC now owns 24,810 shares of the company’s stock valued at $3,848,000 after buying an additional 66 shares during the last quarter. Finally, JFS Wealth Advisors LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 9.6% during the 2nd quarter. JFS Wealth Advisors LLC now owns 766 shares of the company’s stock valued at $144,000 after buying an additional 67 shares during the last quarter.

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

Shares of NASDAQ IUSG opened at $190.97 on Thursday. The stock has a market cap of $33.75 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. The business has a 50 day simple moving average of $191.98 and a 200 day simple moving average of $180.12. iShares Core S&P U.S. Growth ETF has a 52 week low of $148.39 and a 52 week high of $200.01.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a dividend of $0.2445 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. This represents a $0.98 annualized dividend 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.