Bank of New York Mellon Corp Has $26.67 Million Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Bank of New York Mellon Corp cut its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 43.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 209,837 shares of the company’s stock after selling 162,366 shares during the period. Bank of New York Mellon Corp owned approximately 0.14% of iShares Core S&P U.S. Growth ETF worth $26,666,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in IUSG. Brighton Jones LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock worth $1,702,000 after acquiring an additional 199 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $211,000. Madison Investment Advisors LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $358,000. Thrivent Financial for Lutherans increased its position in iShares Core S&P U.S. Growth ETF by 2.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 26,676 shares of the company’s stock valued at $3,717,000 after buying an additional 750 shares in the last quarter. Finally, Brooklyn FI LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $238,000.

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

Shares of iShares Core S&P U.S. Growth ETF stock opened at $152.35 on Thursday. iShares Core S&P U.S. Growth ETF has a one year low of $108.91 and a one year high of $153.19. The firm has a market capitalization of $23.74 billion, a price-to-earnings ratio of 32.52 and a beta of 1.06. The business has a 50-day simple moving average of $144.88 and a 200 day simple moving average of $137.99.

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

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

iShares Core S&P U.S. Growth ETF Company Profile

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.