Janney Montgomery Scott LLC Increases Position in iShares Core S&P U.S. Growth ETF $IUSG

Janney Montgomery Scott LLC increased its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 17.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,904 shares of the company’s stock after purchasing an additional 12,670 shares during the period. Janney Montgomery Scott LLC owned 0.05% of iShares Core S&P U.S. Growth ETF worth $13,480,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Bank of America Corp DE increased its stake in iShares Core S&P U.S. Growth ETF by 4.4% in the 4th quarter. Bank of America Corp DE now owns 43,507,215 shares of the company’s stock worth $7,306,602,000 after buying an additional 1,853,499 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 1.4% in the fourth quarter. LPL Financial LLC now owns 14,224,602 shares of the company’s stock valued at $2,388,880,000 after acquiring an additional 191,247 shares in the last quarter. Valpey Financial Services LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 16,640.2% in the fourth quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock worth $592,041,000 after acquiring an additional 3,504,253 shares during the period. Merit Financial Group LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 15.2% in the fourth quarter. Merit Financial Group LLC now owns 1,626,452 shares of the company’s stock worth $273,146,000 after acquiring an additional 214,255 shares during the period. Finally, JPMorgan Chase & Co. grew 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.

iShares Core S&P U.S. Growth ETF Trading Down 0.4%

Shares of IUSG opened at $187.32 on Thursday. The business’s 50 day moving average is $184.91 and its 200 day moving average is $172.22. The company has a market capitalization of $31.73 billion, a PE 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 $193.85.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.2356 per share. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. 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%.

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.