Howe & Rusling Inc. Sells 4,647 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Howe & Rusling Inc. reduced its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 1.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 314,448 shares of the company’s stock after selling 4,647 shares during the period. iShares Core S&P U.S. Growth ETF accounts for approximately 3.5% of Howe & Rusling Inc.’s holdings, making the stock its 5th biggest position. Howe & Rusling Inc. owned approximately 0.20% of iShares Core S&P U.S. Growth ETF worth $51,739,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IUSG. Brighton Jones LLC raised its holdings in iShares Core S&P U.S. Growth ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock worth $1,702,000 after purchasing an additional 199 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares Core S&P U.S. Growth ETF by 35.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 110,110 shares of the company’s stock valued at $13,993,000 after purchasing an additional 28,807 shares during the period. Simplicity Wealth LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the 2nd quarter valued at $490,000. DAVENPORT & Co LLC raised its stake in shares of iShares Core S&P U.S. Growth ETF by 12.5% in the 2nd quarter. DAVENPORT & Co LLC now owns 3,375 shares of the company’s stock worth $508,000 after buying an additional 374 shares in the last quarter. Finally, Valeo Financial Advisors LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 2.9% in the second quarter. Valeo Financial Advisors LLC now owns 3,686 shares of the company’s stock valued at $554,000 after buying an additional 105 shares during the period.

iShares Core S&P U.S. Growth ETF Stock Down 1.7%

Shares of IUSG stock opened at $164.23 on Thursday. The stock has a 50-day simple moving average of $168.69 and a 200 day simple moving average of $164.19. The stock has a market capitalization of $26.74 billion, a P/E ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $108.91 and a fifty-two week 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 paid a $0.2627 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.05 annualized dividend and a dividend yield of 0.6%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25.

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.