GAMMA Investing LLC Purchases Shares of 289 iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

GAMMA Investing LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 289 shares of the company’s stock, valued at approximately $31,000.

Several other hedge funds also recently modified their holdings of the stock. LPL Financial LLC boosted its position in iShares Core S&P U.S. Growth ETF by 2.7% during the third quarter. LPL Financial LLC now owns 13,846,057 shares of the company’s stock valued at $1,313,022,000 after purchasing an additional 364,461 shares during the last quarter. Morgan Stanley raised its stake in shares of iShares Core S&P U.S. Growth ETF by 14.6% during the 3rd quarter. Morgan Stanley now owns 11,135,043 shares of the company’s stock worth $1,055,936,000 after purchasing an additional 1,419,441 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 2.5% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,777,363 shares of the company’s stock valued at $168,547,000 after buying an additional 43,958 shares during the last quarter. Facet Wealth Inc. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 5.9% in the third quarter. Facet Wealth Inc. now owns 828,517 shares of the company’s stock valued at $76,522,000 after buying an additional 46,451 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in iShares Core S&P U.S. Growth ETF by 21.5% during the fourth quarter. Raymond James & Associates now owns 779,012 shares of the company’s stock worth $81,095,000 after buying an additional 137,861 shares during the last quarter.

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

Shares of IUSG stock opened at $115.52 on Monday. The company has a fifty day moving average price of $115.18 and a two-hundred day moving average price of $107.37. iShares Core S&P U.S. Growth ETF has a one year low of $87.70 and a one year high of $118.45. The stock has a market cap of $16.84 billion, a P/E ratio of 26.66 and a beta of 1.06.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were issued a $0.1667 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.58%.

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.