iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $180.52 and traded as low as $175.27. iShares Core S&P U.S. Growth ETF shares last traded at $175.33, with a volume of 1,055,414 shares changing hands.
iShares Core S&P U.S. Growth ETF Stock Performance
The company has a market capitalization of $31.08 billion, a PE ratio of 24.95 and a beta of 1.16. The company has a 50 day moving average price of $191.21 and a 200 day moving average price of $180.52.
iShares Core S&P U.S. Growth ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a $0.2445 dividend. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356. This represents a $0.98 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 15th.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its holdings in iShares Core S&P U.S. Growth ETF by 21.3% in the 1st quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock worth $8,185,862,000 after buying an additional 9,267,343 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Core S&P U.S. Growth ETF by 10.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock valued at $595,533,000 after acquiring an additional 298,332 shares in the last quarter. Royal Bank of Canada raised its stake in iShares Core S&P U.S. Growth ETF by 13.6% during the 1st quarter. Royal Bank of Canada now owns 1,220,118 shares of the company’s stock valued at $189,253,000 after acquiring an additional 145,703 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in iShares Core S&P U.S. Growth ETF by 10.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,114,250 shares of the company’s stock valued at $172,831,000 after acquiring an additional 108,893 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at $163,476,000.
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.
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