iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 5,329,246 shares changed hands during trading, an increase of 303% from the previous session’s volume of 1,323,961 shares.The stock last traded at $168.54 and had previously closed at $170.52.

iShares Core S&P U.S. Growth ETF Stock Up 0.1%

The company’s 50 day simple moving average is $167.77 and its two-hundred day simple moving average is $162.55. The company has a market capitalization of $26.53 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11.

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

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

Institutional Investors Weigh In On iShares Core S&P U.S. Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IUSG. Imprint Wealth LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the third quarter valued at about $25,000. Financial Life Planners purchased a new stake in iShares Core S&P U.S. Growth ETF during the 3rd quarter worth approximately $27,000. Elevation Point Wealth Partners LLC acquired a new position in iShares Core S&P U.S. Growth ETF during the 2nd quarter valued at approximately $34,000. Global Wealth Strategies & Associates raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 54.0% in the third quarter. Global Wealth Strategies & Associates now owns 231 shares of the company’s stock worth $38,000 after buying an additional 81 shares during the last quarter. Finally, Evolution Wealth Management Inc. raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 53.0% in the third quarter. Evolution Wealth Management Inc. now owns 228 shares of the company’s stock worth $38,000 after buying an additional 79 shares during the last quarter.

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

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iShares Core S&P U.S. Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core S&P U.S. Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.