Midwest Trust Co Invests $3.91 Million in iShares Core S&P U.S. Growth ETF $IUSG

Midwest Trust Co purchased a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 26,003 shares of the company’s stock, valued at approximately $3,911,000.

Other hedge funds also recently bought and sold shares of the company. GSG Advisors LLC increased its stake in iShares Core S&P U.S. Growth ETF by 0.6% during the 2nd quarter. GSG Advisors LLC now owns 10,537 shares of the company’s stock valued at $1,585,000 after purchasing an additional 66 shares in the last quarter. Acropolis Investment Management LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 7.2% during the second quarter. Acropolis Investment Management LLC now owns 1,353 shares of the company’s stock valued at $203,000 after acquiring an additional 91 shares in the last quarter. Larson Financial Group LLC raised its holdings in iShares Core S&P U.S. Growth ETF by 11.1% in the 1st quarter. Larson Financial Group LLC now owns 949 shares of the company’s stock worth $121,000 after acquiring an additional 95 shares during the last quarter. EP Wealth Advisors LLC lifted its position in iShares Core S&P U.S. Growth ETF by 0.6% in the 1st quarter. EP Wealth Advisors LLC now owns 15,645 shares of the company’s stock valued at $1,988,000 after acquiring an additional 97 shares in the last quarter. Finally, Courier Capital LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 6.1% during the 2nd quarter. Courier Capital LLC now owns 1,736 shares of the company’s stock valued at $261,000 after purchasing an additional 100 shares during the last quarter.

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

IUSG stock opened at $169.34 on Tuesday. The stock has a market capitalization of $26.10 billion, a P/E ratio of 32.52 and a beta of 1.11. 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 business has a fifty day moving average price of $164.58 and a 200-day moving average price of $153.51.

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

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

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