Sovereign Financial Group Inc. Acquires 1,383 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Sovereign Financial Group Inc. increased its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 8.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,151 shares of the company’s stock after buying an additional 1,383 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $1,785,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IUSG. Chevy Chase Trust Holdings LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at $217,000. Bank of New York Mellon Corp boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 47.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 11,726 shares of the company’s stock worth $1,112,000 after purchasing an additional 3,786 shares in the last quarter. Castleview Partners LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the 3rd quarter worth approximately $28,000. Chicago Partners Investment Group LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 2.9% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 16,498 shares of the company’s stock worth $1,546,000 after acquiring an additional 458 shares during the last quarter. Finally, Park Avenue Securities LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the third quarter worth about $313,000.

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

IUSG traded down $0.13 on Wednesday, hitting $117.00. 290,718 shares of the company were exchanged, compared to its average volume of 503,650. iShares Core S&P U.S. Growth ETF has a 12 month low of $89.14 and a 12 month high of $118.45. The firm has a fifty day simple moving average of $115.30 and a two-hundred day simple moving average of $107.69. The stock has a market capitalization of $17.06 billion, a PE ratio of 26.66 and a beta of 1.06.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a $0.1667 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.67 annualized dividend and a dividend yield of 0.57%.

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