Amplius Wealth Advisors LLC Cuts Stake in iShares Core S&P U.S. Growth ETF $IUSG

Amplius Wealth Advisors LLC lessened its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 63.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 43,598 shares of the company’s stock after selling 75,079 shares during the quarter. iShares Core S&P U.S. Growth ETF makes up about 0.6% of Amplius Wealth Advisors LLC’s portfolio, making the stock its 28th largest position. Amplius Wealth Advisors LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $7,174,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Financial Consulate Inc. bought a new position in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at approximately $72,000. Mather Group LLC. purchased a new position in iShares Core S&P U.S. Growth ETF in the third quarter valued at approximately $53,000. XML Financial LLC lifted its stake in iShares Core S&P U.S. Growth ETF by 1.4% in the third quarter. XML Financial LLC now owns 6,488 shares of the company’s stock valued at $1,068,000 after purchasing an additional 92 shares during the last quarter. Miracle Mile Advisors LLC bought a new position in iShares Core S&P U.S. Growth ETF during the third quarter valued at $413,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 50.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 6,671 shares of the company’s stock valued at $1,103,000 after purchasing an additional 2,243 shares during the period.

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

Shares of IUSG opened at $167.94 on Friday. The firm has a market cap of $25.89 billion, a PE ratio of 32.52 and a beta of 1.11. The stock’s fifty day moving average price is $167.63 and its two-hundred day moving average price is $160.77. iShares Core S&P U.S. Growth ETF has a 1 year low of $108.91 and a 1 year high of $172.33.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a $0.2627 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $1.05 dividend on an annualized basis and a yield of 0.6%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25.

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.