MTM Investment Management LLC Has $70,000 Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

MTM Investment Management LLC increased its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 1,666.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 530 shares of the company’s stock after buying an additional 500 shares during the quarter. MTM Investment Management LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $70,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IUSG. Kestra Investment Management LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the 2nd quarter worth approximately $96,472,000. LPL Financial LLC raised its stake in shares of iShares Core S&P U.S. Growth ETF by 5.1% in the second quarter. LPL Financial LLC now owns 14,785,442 shares of the company’s stock valued at $1,884,848,000 after purchasing an additional 720,444 shares in the last quarter. Citizens Financial Group Inc. RI lifted its position in iShares Core S&P U.S. Growth ETF by 25,330.2% in the second quarter. Citizens Financial Group Inc. RI now owns 645,165 shares of the company’s stock worth $82,246,000 after purchasing an additional 642,628 shares during the period. Cetera Investment Advisers boosted its stake in iShares Core S&P U.S. Growth ETF by 564.8% during the first quarter. Cetera Investment Advisers now owns 365,085 shares of the company’s stock worth $42,792,000 after buying an additional 310,166 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at $23,807,000.

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

Shares of IUSG stock opened at $137.13 on Wednesday. The firm has a fifty day moving average of $133.04 and a 200-day moving average of $127.71. iShares Core S&P U.S. Growth ETF has a 52-week low of $99.44 and a 52-week high of $139.76. The stock has a market cap of $20.45 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 was Wednesday, September 25th.

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.