SVB Wealth LLC Increases Stock Holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

SVB Wealth LLC increased its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 74.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,473 shares of the company’s stock after purchasing an additional 4,053 shares during the period. SVB Wealth LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $986,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IUSG. Geneos Wealth Management Inc. grew its position in iShares Core S&P U.S. Growth ETF by 3.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 4,065 shares of the company’s stock valued at $423,000 after acquiring an additional 119 shares during the period. Sigma Planning Corp grew its position in iShares Core S&P U.S. Growth ETF by 0.5% during the third quarter. Sigma Planning Corp now owns 23,381 shares of the company’s stock valued at $2,217,000 after acquiring an additional 123 shares during the period. XML Financial LLC grew its position in iShares Core S&P U.S. Growth ETF by 1.4% during the third quarter. XML Financial LLC now owns 9,516 shares of the company’s stock valued at $902,000 after acquiring an additional 133 shares during the period. Oarsman Capital Inc. grew its position in iShares Core S&P U.S. Growth ETF by 5.1% during the third quarter. Oarsman Capital Inc. now owns 2,918 shares of the company’s stock valued at $277,000 after acquiring an additional 142 shares during the period. Finally, Investors Research Corp grew its position in iShares Core S&P U.S. Growth ETF by 3.0% during the third quarter. Investors Research Corp now owns 4,896 shares of the company’s stock valued at $464,000 after acquiring an additional 143 shares during the period.

iShares Core S&P U.S. Growth ETF Trading Down 2.1 %

IUSG stock opened at $109.98 on Friday. The stock has a 50-day moving average price of $115.04 and a two-hundred day moving average price of $106.04. The company has a market cap of $15.97 billion, a PE ratio of 27.61 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 12-month low of $87.64 and a 12-month high of $118.45.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.1667 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date was Thursday, March 21st.

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.