iShares Core S&P U.S. Growth ETF $IUSG Shares Newly Purchased by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. acquired a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 6,000 shares of the company’s stock, valued at approximately $1,162,000.

A number of other institutional investors and hedge funds have also made changes to their positions in IUSG. Bank of America Corp DE increased its stake in shares of iShares Core S&P U.S. Growth ETF by 21.3% during the first quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock worth $8,185,862,000 after buying an additional 9,267,343 shares during the period. Envestnet Asset Management Inc. lifted its stake in iShares Core S&P U.S. Growth ETF by 10.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,166,362 shares of the company’s stock worth $595,533,000 after acquiring an additional 298,332 shares during the last quarter. Royal Bank of Canada lifted its stake in iShares Core S&P U.S. Growth ETF by 13.6% in the first quarter. Royal Bank of Canada now owns 1,220,118 shares of the company’s stock worth $189,253,000 after acquiring an additional 145,703 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares Core S&P U.S. Growth ETF by 10.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,114,250 shares of the company’s stock worth $172,831,000 after acquiring an additional 108,893 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in iShares Core S&P U.S. Growth ETF by 3.7% during the 1st quarter. Cetera Investment Advisers now owns 638,079 shares of the company’s stock worth $98,972,000 after acquiring an additional 22,484 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Trading Up 1.2%

Shares of NASDAQ:IUSG opened at $185.96 on Thursday. iShares Core S&P U.S. Growth ETF has a 52 week low of $148.39 and a 52 week high of $200.01. The company’s 50 day moving average is $191.49 and its two-hundred day moving average is $180.49. The company has a market cap of $32.93 billion, a PE ratio of 24.95 and a beta of 1.17.

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

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

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.