Bright Futures Wealth Management LLC. Acquires Shares of 3,538 iShares Core S&P U.S. Growth ETF $IUSG

Bright Futures Wealth Management LLC. purchased a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,538 shares of the company’s stock, valued at approximately $582,000.

A number of other hedge funds have also recently added to or reduced their stakes in IUSG. Financial Management Network Inc. boosted its stake in iShares Core S&P U.S. Growth ETF by 2.7% in the third quarter. Financial Management Network Inc. now owns 2,347 shares of the company’s stock valued at $389,000 after acquiring an additional 61 shares during the period. Morris Financial Concepts Inc. lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 0.7% in the 3rd quarter. Morris Financial Concepts Inc. now owns 9,838 shares of the company’s stock worth $1,619,000 after purchasing an additional 65 shares during the last quarter. Twin Peaks Wealth Advisors LLC boosted its position in iShares Core S&P U.S. Growth ETF by 2.0% during the 2nd quarter. Twin Peaks Wealth Advisors LLC now owns 3,531 shares of the company’s stock valued at $558,000 after purchasing an additional 68 shares during the period. Dynamic Advisor Solutions LLC boosted its position in iShares Core S&P U.S. Growth ETF by 5.1% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,414 shares of the company’s stock valued at $233,000 after purchasing an additional 68 shares during the period. Finally, Neumann Capital Management LLC grew its stake in iShares Core S&P U.S. Growth ETF by 0.3% during the 3rd quarter. Neumann Capital Management LLC now owns 27,977 shares of the company’s stock worth $4,603,000 after buying an additional 70 shares during the last quarter.

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

Shares of IUSG opened at $164.04 on Monday. The firm has a fifty day moving average of $167.71 and a 200-day moving average of $165.39. The company has a market cap of $26.71 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 1 year low of $108.91 and a 1 year high of $172.33.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.2627 per share. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25. This represents a $1.05 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Tuesday, December 16th.

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.