Bawa N Mallick Trust Trims Stake in iShares Core S&P U.S. Growth ETF $IUSG

Bawa N Mallick Trust decreased its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 26.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,980 shares of the company’s stock after selling 13,220 shares during the quarter. iShares Core S&P U.S. Growth ETF accounts for 2.3% of Bawa N Mallick Trust’s portfolio, making the stock its 7th largest position. Bawa N Mallick Trust’s holdings in iShares Core S&P U.S. Growth ETF were worth $5,736,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC boosted its position in iShares Core S&P U.S. Growth ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock valued at $1,702,000 after buying an additional 199 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of iShares Core S&P U.S. Growth ETF by 35.4% during the first quarter. Goldman Sachs Group Inc. now owns 110,110 shares of the company’s stock valued at $13,993,000 after acquiring an additional 28,807 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the second quarter worth about $1,994,000. NewEdge Advisors LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 4.4% during the second quarter. NewEdge Advisors LLC now owns 44,097 shares of the company’s stock worth $6,632,000 after purchasing an additional 1,842 shares during the period. Finally, Alliancebernstein L.P. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 1.3% in the second quarter. Alliancebernstein L.P. now owns 237,423 shares of the company’s stock worth $35,708,000 after purchasing an additional 3,047 shares during the last quarter.

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

Shares of NASDAQ:IUSG opened at $181.82 on Monday. iShares Core S&P U.S. Growth ETF has a 1 year low of $148.39 and a 1 year high of $193.85. The company has a market cap of $31.19 billion, a PE ratio of 32.52 and a beta of 1.16. The stock’s 50-day moving average is $186.59 and its 200 day moving average is $174.38.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.2356 per share. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, June 15th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.5%.

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.