Advanced Asset Management Advisors Inc Sells 120,000 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Advanced Asset Management Advisors Inc reduced its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 50.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 119,600 shares of the company’s stock after selling 120,000 shares during the quarter. iShares Core S&P U.S. Growth ETF comprises 3.0% of Advanced Asset Management Advisors Inc’s holdings, making the stock its 7th largest position. Advanced Asset Management Advisors Inc’s holdings in iShares Core S&P U.S. Growth ETF were worth $12,450,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter valued at $31,000. Castleview Partners LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the third quarter worth approximately $28,000. Aptus Capital Advisors LLC lifted its holdings in iShares Core S&P U.S. Growth ETF by 125.4% in the third quarter. Aptus Capital Advisors LLC now owns 311 shares of the company’s stock valued at $29,000 after buying an additional 173 shares during the period. Authentikos Wealth Advisory LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at $32,000. Finally, Washington Trust Advisors Inc. boosted its position in shares of iShares Core S&P U.S. Growth ETF by 214.3% in the 3rd quarter. Washington Trust Advisors Inc. now owns 352 shares of the company’s stock worth $33,000 after purchasing an additional 240 shares during the last quarter.

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

Shares of iShares Core S&P U.S. Growth ETF stock traded down $0.51 during trading on Thursday, hitting $112.32. 330,156 shares of the company were exchanged, compared to its average volume of 525,581. The firm has a market capitalization of $16.36 billion, a P/E ratio of 26.66 and a beta of 1.06. The firm’s fifty day moving average price is $115.04 and its 200 day moving average price is $106.48. iShares Core S&P U.S. Growth ETF has a 1-year low of $87.64 and a 1-year high of $118.45.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.1667 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.67 annualized dividend and a yield of 0.59%.

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