Baird Financial Group Inc. Raises Stock Holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Baird Financial Group Inc. grew its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Get Rating) by 79.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 404,917 shares of the company’s stock after acquiring an additional 179,098 shares during the quarter. Baird Financial Group Inc. owned about 0.31% of iShares Core S&P U.S. Growth ETF worth $32,466,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Clearstead Advisors LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 2,366.5% in the third quarter. Clearstead Advisors LLC now owns 12,209 shares of the company’s stock valued at $979,000 after acquiring an additional 11,714 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the third quarter valued at $1,271,000. Kingsview Wealth Management LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the third quarter valued at $215,000. MidWestOne Financial Group Inc. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 44.6% in the third quarter. MidWestOne Financial Group Inc. now owns 38,681 shares of the company’s stock valued at $3,101,000 after acquiring an additional 11,939 shares in the last quarter. Finally, SeaCrest Wealth Management LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 14.6% in the third quarter. SeaCrest Wealth Management LLC now owns 3,584 shares of the company’s stock valued at $287,000 after acquiring an additional 456 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Stock Up 1.8 %

Shares of NASDAQ:IUSG opened at $84.41 on Wednesday. The company has a market capitalization of $11.61 billion, a P/E ratio of 21.59 and a beta of 1.05. The stock’s fifty day simple moving average is $84.92 and its 200-day simple moving average is $84.73. iShares Core S&P U.S. Growth ETF has a 52-week low of $76.95 and a 52-week high of $108.72.

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

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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.