PFG Advisors Acquires New Stake in iShares Core S&P U.S. Growth ETF $IUSG

PFG Advisors acquired a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the third quarter, Holdings Channel reports. The firm acquired 16,689 shares of the company’s stock, valued at approximately $2,746,000.

A number of other large investors have also added to or reduced their stakes in IUSG. Flow Traders U.S. LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 400.1% in the 2nd quarter. Flow Traders U.S. LLC now owns 13,844 shares of the company’s stock worth $2,082,000 after purchasing an additional 11,076 shares during the last quarter. Advisors Capital Management LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 15.4% in the 2nd quarter. Advisors Capital Management LLC now owns 3,759 shares of the company’s stock worth $565,000 after purchasing an additional 501 shares in the last quarter. Bristlecone Advisors LLC grew its position in iShares Core S&P U.S. Growth ETF by 915.1% during the 3rd quarter. Bristlecone Advisors LLC now owns 3,756 shares of the company’s stock valued at $618,000 after purchasing an additional 3,386 shares during the last quarter. Hershey Financial Advisers LLC purchased a new stake in iShares Core S&P U.S. Growth ETF during the 2nd quarter valued at about $561,000. Finally, Intrua Financial LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at about $566,000.

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

Shares of iShares Core S&P U.S. Growth ETF stock opened at $163.96 on Tuesday. The stock has a market capitalization of $26.69 billion, a PE ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 52-week low of $108.91 and a 52-week high of $172.33. The company has a 50-day simple moving average of $166.95 and a two-hundred day simple moving average of $165.69.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $0.2627 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, December 16th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25.

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.