NewEdge Advisors LLC Has $7.80 Million Stock Holdings in iShares Core S&P U.S. Growth ETF $IUSG

NewEdge Advisors LLC boosted its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 15.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,266 shares of the company’s stock after acquiring an additional 6,642 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $7,797,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock valued at $1,702,000 after buying an additional 199 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 35.4% in the first quarter. Goldman Sachs Group Inc. now owns 110,110 shares of the company’s stock worth $13,993,000 after acquiring an additional 28,807 shares during the last quarter. Marshall Wace LLP bought a new position in shares of iShares Core S&P U.S. Growth ETF in the second quarter worth about $1,994,000. Alliancebernstein L.P. boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 1.3% in the 2nd quarter. Alliancebernstein L.P. now owns 237,423 shares of the company’s stock valued at $35,708,000 after purchasing an additional 3,047 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 5.9% in the 2nd quarter. Raymond James Financial Inc. now owns 1,315,986 shares of the company’s stock valued at $197,924,000 after purchasing an additional 73,036 shares in the last quarter.

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

Shares of iShares Core S&P U.S. Growth ETF stock opened at $194.19 on Monday. The firm has a market capitalization of $33.67 billion, a PE ratio of 32.52 and a beta of 1.17. The firm’s 50 day moving average is $186.44 and its 200 day moving average is $175.59. iShares Core S&P U.S. Growth ETF has a 1 year low of $148.39 and a 1 year high of $195.64.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.2356 dividend. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. This represents a $0.94 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, June 15th.

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