iShares Core S&P U.S. Growth ETF $IUSG Shares Bought by Flow Traders U.S. LLC

Flow Traders U.S. LLC grew its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 400.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,844 shares of the company’s stock after purchasing an additional 11,076 shares during the period. Flow Traders U.S. LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $2,082,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Advisors Capital Management LLC lifted its stake in iShares Core S&P U.S. Growth ETF by 15.4% in the 2nd quarter. Advisors Capital Management LLC now owns 3,759 shares of the company’s stock valued at $565,000 after buying an additional 501 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 12.5% during the second quarter. DAVENPORT & Co LLC now owns 3,375 shares of the company’s stock valued at $508,000 after acquiring an additional 374 shares during the last quarter. Focus Partners Advisor Solutions LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the second quarter valued at approximately $228,000. Greenleaf Trust purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the second quarter valued at approximately $244,000. Finally, Fifth Third Bancorp lifted its position in shares of iShares Core S&P U.S. Growth ETF by 9.6% in the second quarter. Fifth Third Bancorp now owns 3,618 shares of the company’s stock valued at $544,000 after acquiring an additional 318 shares in the last quarter.

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

Shares of IUSG opened at $169.65 on Monday. The stock has a 50 day moving average price of $166.24 and a 200 day moving average price of $157.61. iShares Core S&P U.S. Growth ETF has a one year low of $108.91 and a one year high of $172.33. The stock has a market capitalization of $26.15 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a dividend of $0.2487 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.6%.

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.