iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Hits New 12-Month High at $121.98

Posted by Micah Haroldson on Jun 5th, 2024

Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $121.98 and last traded at $121.89, with a volume of 62487 shares traded. The stock had previously closed at $120.71.

iShares Core S&P U.S. Growth ETF Trading Up 1.5 %

The stock has a market cap of $17.86 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06. The firm’s 50-day moving average is $116.77 and its two-hundred day moving average is $110.94.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.1667 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.54%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 125.4% during the 3rd quarter. Aptus Capital Advisors LLC now owns 311 shares of the company’s stock worth $29,000 after purchasing an additional 173 shares during the last quarter. GAMMA Investing LLC acquired a new position in iShares Core S&P U.S. Growth ETF during the fourth quarter worth about $31,000. Tidemark LLC purchased a new stake in iShares Core S&P U.S. Growth ETF during the 4th quarter valued at about $33,000. LRI Investments LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the 1st quarter valued at about $34,000. Finally, Atlanta Consulting Group Advisors LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the 1st quarter valued at about $35,000.

iShares Core S&P U.S. Growth ETF Company Profile

(Get Free Report)

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.