Mitchell Capital Management Co. Trims Stock Holdings in iShares Core S&P U.S. Growth ETF $IUSG

Mitchell Capital Management Co. lessened its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 15.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,570 shares of the company’s stock after selling 1,024 shares during the quarter. Mitchell Capital Management Co.’s holdings in iShares Core S&P U.S. Growth ETF were worth $855,000 at the end of the most recent quarter.

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

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

Shares of IUSG stock opened at $161.21 on Monday. The business’s fifty day moving average price is $160.27 and its 200 day moving average price is $146.74. iShares Core S&P U.S. Growth ETF has a 1-year low of $108.91 and a 1-year high of $167.15. The firm has a market capitalization of $24.75 billion, a PE ratio of 32.52 and a beta of 1.06.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a $0.2487 dividend. This represents a $0.99 annualized dividend and a yield of 0.6%. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Tuesday, September 16th.

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.