iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sets New 1-Year High – Should You Buy?

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $135.38 and last traded at $135.24, with a volume of 349178 shares changing hands. The stock had previously closed at $134.45.

iShares Core S&P U.S. Growth ETF Trading Down 2.9 %

The stock has a fifty day simple moving average of $130.24 and a 200-day simple moving average of $125.34. The stock has a market cap of $19.56 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 dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $0.2513 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Trading of iShares Core S&P U.S. Growth ETF

Hedge funds have recently bought and sold shares of the stock. Foundations Investment Advisors LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter worth about $278,000. Inspire Advisors LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 2nd quarter worth approximately $349,000. Sequoia Financial Advisors LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 4.0% during the first quarter. Sequoia Financial Advisors LLC now owns 16,664 shares of the company’s stock valued at $1,953,000 after purchasing an additional 646 shares during the period. Crestwood Advisors Group LLC raised its stake in shares of iShares Core S&P U.S. Growth ETF by 5.1% in the second quarter. Crestwood Advisors Group LLC now owns 6,354 shares of the company’s stock valued at $810,000 after purchasing an additional 311 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its stake in shares of iShares Core S&P U.S. Growth ETF by 0.9% in the first quarter. Oppenheimer & Co. Inc. now owns 10,059 shares of the company’s stock valued at $1,179,000 after purchasing an additional 92 shares in the last quarter.

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.