iShares Core S&P U.S. Growth ETF $IUSG Position Lowered by Ledyard National Bank

Ledyard National Bank decreased its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 93.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,088 shares of the company’s stock after selling 15,326 shares during the quarter. Ledyard National Bank’s holdings in iShares Core S&P U.S. Growth ETF were worth $211,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IUSG. SeaCrest Wealth Management LLC raised its position in iShares Core S&P U.S. Growth ETF by 20.4% in the third quarter. SeaCrest Wealth Management LLC now owns 7,059 shares of the company’s stock valued at $1,368,000 after purchasing an additional 1,196 shares during the last quarter. NBT Bank N.A. acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the third quarter valued at about $2,121,000. Root Financial Partners LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the third quarter valued at about $124,000. Arwa LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the third quarter worth about $2,924,000. Finally, Axxcess Wealth Management LLC grew its holdings in shares of iShares Core S&P U.S. Growth ETF by 5.1% during the third quarter. Axxcess Wealth Management LLC now owns 4,618 shares of the company’s stock worth $895,000 after purchasing an additional 226 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Trading Down 0.5%

NASDAQ:IUSG opened at $186.05 on Friday. The stock’s 50-day moving average is $192.13 and its 200-day moving average is $186.70. iShares Core S&P U.S. Growth ETF has a 1-year low of $148.39 and a 1-year high of $200.01. The stock has a market cap of $32.75 billion, a P/E ratio of 32.52 and a beta of 1.16.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a dividend of $0.2445 per share. The ex-dividend date was Tuesday, September 15th. This represents a $0.98 annualized dividend 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.