Lido Advisors LLC Buys 31,041 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Lido Advisors LLC bought a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the third quarter, HoldingsChannel reports. The institutional investor bought 31,041 shares of the company’s stock, valued at approximately $6,014,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE lifted its stake in iShares Core S&P U.S. Growth ETF by 21.3% during the 1st quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock valued at $8,185,862,000 after acquiring an additional 9,267,343 shares during the period. Commonwealth Equity Services LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the third quarter valued at approximately $163,476,000. Citizens Financial Group Inc. RI purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the third quarter valued at approximately $82,263,000. Modera Wealth Management LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the third quarter valued at approximately $68,172,000. Finally, Envestnet Asset Management Inc. lifted its position in iShares Core S&P U.S. Growth ETF by 10.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock valued at $595,533,000 after purchasing an additional 298,332 shares during the period.

iShares Core S&P U.S. Growth ETF Stock Down 0.3%

Shares of iShares Core S&P U.S. Growth ETF stock opened at $182.80 on Friday. iShares Core S&P U.S. Growth ETF has a twelve month low of $148.39 and a twelve month high of $200.01. The company’s 50 day moving average is $190.27 and its 200 day moving average is $180.85. The company has a market cap of $32.51 billion, a price-to-earnings ratio of 24.95 and a beta of 1.16.

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

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.2445 per share. The ex-dividend date was Tuesday, September 15th. This represents a $0.98 dividend on an annualized basis and a yield of 0.5%. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.2356.

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.