CX Institutional Cuts Holdings in iShares Core S&P U.S. Growth ETF $IUSG

CX Institutional decreased its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 343,577 shares of the company’s stock after selling 13,995 shares during the period. iShares Core S&P U.S. Growth ETF makes up approximately 1.7% of CX Institutional’s investment portfolio, making the stock its 14th biggest position. CX Institutional’s holdings in iShares Core S&P U.S. Growth ETF were worth $57,700,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Benjamin Edwards Inc. grew its position in shares of iShares Core S&P U.S. Growth ETF by 5.2% during the fourth quarter. Benjamin Edwards Inc. now owns 712,182 shares of the company’s stock valued at $119,609,000 after purchasing an additional 35,058 shares in the last quarter. Composition Wealth LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 8.2% during the fourth quarter. Composition Wealth LLC now owns 2,714 shares of the company’s stock valued at $456,000 after purchasing an additional 206 shares in the last quarter. Horizon Investments LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 1.3% during the fourth quarter. Horizon Investments LLC now owns 109,232 shares of the company’s stock valued at $18,344,000 after purchasing an additional 1,387 shares in the last quarter. Fifth Third Bancorp grew its position in shares of iShares Core S&P U.S. Growth ETF by 28.4% during the fourth quarter. Fifth Third Bancorp now owns 2,959 shares of the company’s stock valued at $497,000 after purchasing an additional 655 shares in the last quarter. Finally, Mutual Advisors LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 11.4% during the fourth quarter. Mutual Advisors LLC now owns 6,168 shares of the company’s stock valued at $1,036,000 after purchasing an additional 631 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Stock Up 0.6%

Shares of iShares Core S&P U.S. Growth ETF stock opened at $178.58 on Friday. The firm has a market cap of $30.25 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. The business has a 50-day moving average price of $164.66 and a 200-day moving average price of $166.42. iShares Core S&P U.S. Growth ETF has a twelve month low of $130.77 and a twelve month high of $179.36.

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

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

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.