Richwood Investment Advisors LLC Invests $220,000 in iShares Core S&P U.S. Growth ETF $IUSG

Richwood Investment Advisors LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the second quarter, HoldingsChannel reports. The institutional investor bought 1,460 shares of the company’s stock, valued at approximately $220,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brown Advisory Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF by 8.5% during the first quarter. Brown Advisory Inc. now owns 2,618 shares of the company’s stock worth $333,000 after acquiring an additional 206 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 192.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 26,802 shares of the company’s stock worth $3,437,000 after acquiring an additional 17,638 shares during the last quarter. Cerity Partners LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 23.4% in the first quarter. Cerity Partners LLC now owns 8,274 shares of the company’s stock valued at $1,051,000 after purchasing an additional 1,570 shares during the last quarter. Greenleaf Trust bought a new stake in iShares Core S&P U.S. Growth ETF in the second quarter valued at about $244,000. Finally, Johnson Investment Counsel Inc. bought a new stake in iShares Core S&P U.S. Growth ETF in the first quarter valued at about $235,000.

iShares Core S&P U.S. Growth ETF Trading Up 0.5%

NASDAQ IUSG opened at $165.87 on Tuesday. The stock has a 50-day simple moving average of $159.48 and a 200 day simple moving average of $145.83. The company has a market capitalization of $25.42 billion, a PE ratio of 32.52 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 12 month low of $108.91 and a 12 month high of $166.16.

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

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

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.