Howe & Rusling Inc. Has $52.54 Million Stake in iShares Core S&P U.S. Growth ETF $IUSG

Howe & Rusling Inc. lifted its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 5.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 338,734 shares of the company’s stock after purchasing an additional 16,137 shares during the period. iShares Core S&P U.S. Growth ETF comprises approximately 3.4% of Howe & Rusling Inc.’s investment portfolio, making the stock its 3rd largest holding. Howe & Rusling Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $52,541,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IUSG. Imprint Wealth LLC purchased a new stake in iShares Core S&P U.S. Growth ETF during the third quarter worth about $25,000. Realta Investment Advisors boosted its stake in iShares Core S&P U.S. Growth ETF by 627.3% in the fourth quarter. Realta Investment Advisors now owns 160 shares of the company’s stock valued at $27,000 after acquiring an additional 138 shares during the last quarter. Financial Life Planners purchased a new position in iShares Core S&P U.S. Growth ETF in the third quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter valued at approximately $34,000. Finally, Strive Financial Group LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter valued at approximately $40,000.

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

Shares of IUSG stock opened at $185.30 on Friday. The firm has a market cap of $31.65 billion, a P/E ratio of 32.52 and a beta of 1.16. The company has a 50 day moving average of $185.32 and a 200-day moving average of $172.44. iShares Core S&P U.S. Growth ETF has a 12-month low of $148.39 and a 12-month high of $193.85.

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 issued a dividend of $0.2356 per share. This represents a $0.94 annualized dividend and a yield of 0.5%. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, June 15th.

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.