iShares Core S&P U.S. Growth ETF $IUSG Shares Acquired by LPL Financial LLC

LPL Financial LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,224,602 shares of the company’s stock after purchasing an additional 191,247 shares during the period. iShares Core S&P U.S. Growth ETF comprises 0.7% of LPL Financial LLC’s portfolio, making the stock its 24th largest position. LPL Financial LLC owned 0.09% of iShares Core S&P U.S. Growth ETF worth $2,388,880,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Valpey Financial Services LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 16,640.2% during the fourth quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock worth $592,041,000 after purchasing an additional 3,504,253 shares in the last quarter. Merit Financial Group LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 15.2% during the fourth quarter. Merit Financial Group LLC now owns 1,626,452 shares of the company’s stock worth $273,146,000 after purchasing an additional 214,255 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 0.9% during the fourth quarter. JPMorgan Chase & Co. now owns 1,621,371 shares of the company’s stock worth $272,293,000 after purchasing an additional 14,427 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 5.9% during the second quarter. Raymond James Financial Inc. now owns 1,315,986 shares of the company’s stock worth $197,924,000 after purchasing an additional 73,036 shares in the last quarter. Finally, Kestra Investment Management LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 40.5% during the fourth quarter. Kestra Investment Management LLC now owns 1,131,808 shares of the company’s stock worth $190,076,000 after purchasing an additional 326,483 shares in the last quarter.

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

NASDAQ IUSG opened at $184.13 on Monday. The company’s fifty day simple moving average is $176.67 and its 200-day simple moving average is $169.88. iShares Core S&P U.S. Growth ETF has a 52 week low of $142.55 and a 52 week high of $193.85. The stock has a market cap of $31.19 billion, a P/E ratio of 32.52 and a beta of 1.17.

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

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a $0.1752 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.70 annualized dividend and a yield of 0.4%.

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.