Howe & Rusling Inc. Has $47.99 Million Stock Position in iShares Core S&P U.S. Growth ETF $IUSG

Howe & Rusling Inc. raised its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 20.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 319,095 shares of the company’s stock after acquiring an additional 54,432 shares during the period. iShares Core S&P U.S. Growth ETF comprises about 3.5% of Howe & Rusling Inc.’s investment portfolio, making the stock its 4th largest position. Howe & Rusling Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $47,992,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Independence Financial Advisors LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the 1st quarter valued at $62,741,000. Merit Financial Group LLC lifted its holdings in iShares Core S&P U.S. Growth ETF by 37.3% during the 2nd quarter. Merit Financial Group LLC now owns 1,539,575 shares of the company’s stock valued at $231,552,000 after purchasing an additional 418,656 shares during the last quarter. SCS Capital Management LLC acquired a new position in iShares Core S&P U.S. Growth ETF in the first quarter valued at about $28,614,000. Atlantic Union Bankshares Corp grew its stake in iShares Core S&P U.S. Growth ETF by 9,508.6% during the second quarter. Atlantic Union Bankshares Corp now owns 223,016 shares of the company’s stock worth $33,542,000 after buying an additional 220,695 shares during the last quarter. Finally, Waldron Private Wealth LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the second quarter worth about $27,300,000.

iShares Core S&P U.S. Growth ETF Trading Up 0.9%

NASDAQ:IUSG opened at $163.25 on Thursday. iShares Core S&P U.S. Growth ETF has a 1 year low of $108.91 and a 1 year high of $172.33. The firm has a 50 day moving average of $165.47 and a 200-day moving average of $155.04. The stock has a market capitalization of $25.16 billion, a P/E ratio of 32.52 and a beta of 1.11.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a $0.2487 dividend. This represents a $0.99 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21.

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.