iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Reaches New 1-Year High at $129.70

Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $129.70 and last traded at $129.31, with a volume of 62614 shares trading hands. The stock had previously closed at $128.46.

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

The stock has a 50-day moving average of $120.34 and a 200-day moving average of $113.99. The firm has a market cap of $18.59 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06.

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

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a dividend of $0.1445 per share. This represents a $0.58 annualized dividend and a dividend yield of 0.45%. The ex-dividend date was Tuesday, June 11th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bright Futures Wealth Management LLC. acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the 1st quarter valued at approximately $539,000. Maxwell Wealth Strategies Inc. lifted its stake in iShares Core S&P U.S. Growth ETF by 18.7% during the first quarter. Maxwell Wealth Strategies Inc. now owns 4,738 shares of the company’s stock worth $566,000 after purchasing an additional 747 shares during the last quarter. Peninsula Wealth LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the first quarter worth $2,218,000. Soltis Investment Advisors LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the 1st quarter valued at $226,000. Finally, Cetera Advisors LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 38.2% in the 1st quarter. Cetera Advisors LLC now owns 108,457 shares of the company’s stock valued at $12,712,000 after purchasing an additional 29,964 shares during the last quarter.

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.