Petix & Botte Co Sells 11,916 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Petix & Botte Co trimmed its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 7.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 147,657 shares of the company’s stock after selling 11,916 shares during the period. iShares Core S&P U.S. Growth ETF accounts for about 5.6% of Petix & Botte Co’s investment portfolio, making the stock its 2nd largest position. Petix & Botte Co’s holdings in iShares Core S&P U.S. Growth ETF were worth $24,295,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Financial Management Network Inc. boosted its position in iShares Core S&P U.S. Growth ETF by 2.7% during the third quarter. Financial Management Network Inc. now owns 2,347 shares of the company’s stock worth $389,000 after purchasing an additional 61 shares during the period. Morris Financial Concepts Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF by 0.7% in the third quarter. Morris Financial Concepts Inc. now owns 9,838 shares of the company’s stock valued at $1,619,000 after purchasing an additional 65 shares during the period. Advisory Services Network LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 0.5% in the third quarter. Advisory Services Network LLC now owns 12,185 shares of the company’s stock worth $2,005,000 after buying an additional 65 shares during the last quarter. Twin Peaks Wealth Advisors LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 2.0% in the second quarter. Twin Peaks Wealth Advisors LLC now owns 3,531 shares of the company’s stock worth $558,000 after buying an additional 68 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 5.1% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,414 shares of the company’s stock worth $233,000 after buying an additional 68 shares during the period.

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

NASDAQ:IUSG opened at $161.99 on Wednesday. The firm has a market capitalization of $26.37 billion, a PE ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 1 year low of $108.91 and a 1 year high of $172.33. The firm’s fifty day simple moving average is $166.18 and its 200 day simple moving average is $165.89.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th will be given a $0.1752 dividend. This represents a $0.70 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, March 17th.

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

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.