Spire Wealth Management Sells 35,642 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Spire Wealth Management reduced its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 18.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 154,672 shares of the company’s stock after selling 35,642 shares during the quarter. iShares Core S&P U.S. Growth ETF comprises about 0.8% of Spire Wealth Management’s investment portfolio, making the stock its 21st biggest position. Spire Wealth Management’s holdings in iShares Core S&P U.S. Growth ETF were worth $22,285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. bought a new stake in iShares Core S&P U.S. Growth ETF during the second quarter worth approximately $122,000. Barnes Dennig Private Wealth Management LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the second quarter worth approximately $977,000. Flagship Harbor Advisors LLC increased its stake in iShares Core S&P U.S. Growth ETF by 25.4% during the second quarter. Flagship Harbor Advisors LLC now owns 10,885 shares of the company’s stock worth $1,637,000 after acquiring an additional 2,207 shares during the last quarter. Bristlecone Advisors LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the second quarter worth approximately $56,000. Finally, Redmond Asset Management LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the second quarter worth approximately $202,000.

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

Shares of NASDAQ IUSG opened at $171.97 on Thursday. The business’s 50 day moving average is $162.78 and its two-hundred day moving average is $150.73. 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 stock has a market capitalization of $26.46 billion, a P/E ratio of 32.52 and a beta of 1.11.

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. Shareholders of record on Tuesday, September 16th were paid a dividend of $0.2487 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. This represents a $0.99 annualized dividend and a yield of 0.6%.

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.