Concurrent Investment Advisors LLC Buys 182 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Concurrent Investment Advisors LLC boosted its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 0.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102,024 shares of the company’s stock after acquiring an additional 182 shares during the period. Concurrent Investment Advisors LLC owned 0.07% of iShares Core S&P U.S. Growth ETF worth $15,344,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Blue Trust Inc. boosted its holdings in iShares Core S&P U.S. Growth ETF by 4.8% in the second quarter. Blue Trust Inc. now owns 1,975,369 shares of the company’s stock valued at $297,095,000 after acquiring an additional 90,129 shares during the last quarter. Merit Financial Group LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 37.3% during the 2nd quarter. Merit Financial Group LLC now owns 1,539,575 shares of the company’s stock worth $231,552,000 after buying an additional 418,656 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 5.9% during the 1st quarter. JPMorgan Chase & Co. now owns 1,518,967 shares of the company’s stock worth $193,031,000 after buying an additional 84,911 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 4.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,418,831 shares of the company’s stock worth $180,305,000 after buying an additional 61,235 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 8.6% during the 1st quarter. Royal Bank of Canada now owns 946,059 shares of the company’s stock worth $120,225,000 after buying an additional 75,113 shares in the last quarter.

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

iShares Core S&P U.S. Growth ETF stock opened at $161.21 on Friday. The stock has a market capitalization of $24.75 billion, a price-to-earnings ratio of 32.52 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 52-week low of $108.91 and a 52-week high of $167.15. The stock’s 50 day moving average price is $160.27 and its two-hundred day moving average price is $146.63.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.2487 per share. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date 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.

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.