Brown Advisory Inc. Grows Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Brown Advisory Inc. boosted its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 8.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,618 shares of the company’s stock after purchasing an additional 206 shares during the period. Brown Advisory Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $333,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IUSG. Transce3nd LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth about $27,000. Ameriflex Group Inc. purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter worth approximately $36,000. Vermillion Wealth Management Inc. purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter worth approximately $37,000. Wood Tarver Financial Group LLC purchased a new position in iShares Core S&P U.S. Growth ETF during the 4th quarter valued at $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares Core S&P U.S. Growth ETF by 67.9% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 277 shares of the company’s stock valued at $35,000 after acquiring an additional 112 shares during the period.

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

IUSG stock opened at $151.86 on Wednesday. The company has a market capitalization of $23.67 billion, a P/E ratio of 32.52 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 1-year low of $108.91 and a 1-year high of $153.19. The business has a 50-day moving average price of $144.48 and a 200 day moving average price of $137.89.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were given a dividend of $0.2104 per share. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.84 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend was Monday, June 16th.

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.