SCS Capital Management LLC Cuts Stock Position in iShares Core S&P U.S. Growth ETF $IUSG

SCS Capital Management LLC trimmed its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 218,023 shares of the company’s stock after selling 7,143 shares during the quarter. SCS Capital Management LLC owned approximately 0.14% of iShares Core S&P U.S. Growth ETF worth $32,791,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. GSG Advisors LLC raised its position in iShares Core S&P U.S. Growth ETF by 0.6% during the second quarter. GSG Advisors LLC now owns 10,537 shares of the company’s stock worth $1,585,000 after acquiring an additional 66 shares during the period. Twin Peaks Wealth Advisors LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 2.0% in the second quarter. Twin Peaks Wealth Advisors LLC now owns 3,531 shares of the company’s stock valued at $558,000 after purchasing an additional 68 shares during the period. Acropolis Investment Management LLC increased its stake 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 worth $203,000 after purchasing an additional 91 shares in the last quarter. Meridian Wealth Management LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 1.9% during the 2nd quarter. Meridian Wealth Management LLC now owns 5,148 shares of the company’s stock worth $774,000 after purchasing an additional 96 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its stake 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 buying an additional 97 shares in the last quarter.

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

IUSG stock opened at $169.24 on Friday. iShares Core S&P U.S. Growth ETF has a 12-month low of $108.91 and a 12-month high of $172.33. The stock has a market cap of $26.09 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11. The business’s 50-day moving average is $166.12 and its 200 day moving average is $157.18.

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

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid 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 dividend yield of 0.6%. The ex-dividend date of this dividend 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.