Caprock Group LLC Takes Position in iShares Core S&P U.S. Growth ETF $IUSG

Caprock Group LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 17,444 shares of the company’s stock, valued at approximately $2,738,000.

Several other hedge funds also recently added to or reduced their stakes in IUSG. Elevation Point Wealth Partners LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the second quarter worth about $34,000. Global Wealth Strategies & Associates lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 54.0% during the 3rd quarter. Global Wealth Strategies & Associates now owns 231 shares of the company’s stock worth $38,000 after acquiring an additional 81 shares during the last quarter. Evolution Wealth Management Inc. boosted its holdings in iShares Core S&P U.S. Growth ETF by 53.0% during the 3rd quarter. Evolution Wealth Management Inc. now owns 228 shares of the company’s stock valued at $38,000 after acquiring an additional 79 shares during the period. Bogart Wealth LLC grew its position in iShares Core S&P U.S. Growth ETF by 56.2% in the 2nd quarter. Bogart Wealth LLC now owns 278 shares of the company’s stock valued at $42,000 after acquiring an additional 100 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in iShares Core S&P U.S. Growth ETF in the third quarter worth $53,000.

iShares Core S&P U.S. Growth ETF Trading Down 1.7%

Shares of IUSG opened at $163.69 on Friday. The firm has a market capitalization of $26.65 billion, a P/E ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 12-month low of $108.91 and a 12-month high of $172.33. The firm has a fifty day moving average price of $168.35 and a 200-day moving average price of $164.58.

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

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $0.2627 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $1.05 dividend on an annualized basis and a yield of 0.6%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25.

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.