Cullinan Associates Inc. Invests $3.41 Million in iShares Core S&P U.S. Growth ETF $IUSG

Cullinan Associates Inc. acquired a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 27,460 shares of the company’s stock, valued at approximately $3,410,000.

A number of other large investors have also modified their holdings of the company. Brighton Jones LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 1.7% in the 4th 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 during the period. Goldman Sachs Group Inc. lifted its stake in iShares Core S&P U.S. Growth ETF by 35.4% during the first quarter. Goldman Sachs Group Inc. now owns 110,110 shares of the company’s stock worth $13,993,000 after purchasing an additional 28,807 shares during the period. Marshall Wace LLP bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at approximately $1,994,000. NewEdge Advisors LLC raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 4.4% in the 2nd quarter. NewEdge Advisors LLC now owns 44,097 shares of the company’s stock worth $6,632,000 after buying an additional 1,842 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its stake in 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 buying an additional 3,047 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Stock Down 0.6%

Shares of iShares Core S&P U.S. Growth ETF stock opened at $191.23 on Friday. The stock has a market capitalization of $33.16 billion, a P/E ratio of 32.52 and a beta of 1.17. iShares Core S&P U.S. Growth ETF has a 12-month low of $148.39 and a 12-month high of $195.64. The company has a 50-day simple moving average of $187.70 and a 200 day simple moving average of $178.02.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.2356 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.94 dividend on an annualized basis and a yield of 0.5%. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18.

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.