Align Financial LLC Purchases New Position in iShares Core S&P U.S. Growth ETF $IUSG

Align Financial LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 4th quarter, Holdings Channel reports. The fund purchased 202,704 shares of the company’s stock, valued at approximately $34,042,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Flagstar Advisors Inc. increased its position in iShares Core S&P U.S. Growth ETF by 3.7% in the 4th quarter. Flagstar Advisors Inc. now owns 1,752 shares of the company’s stock valued at $294,000 after acquiring an additional 63 shares in the last quarter. Retirement Planning Group LLC increased its position in iShares Core S&P U.S. Growth ETF by 4.6% in the 4th quarter. Retirement Planning Group LLC now owns 1,428 shares of the company’s stock valued at $240,000 after acquiring an additional 63 shares in the last quarter. Advisory Services Network LLC increased its position in iShares Core S&P U.S. Growth ETF by 0.5% in the 3rd quarter. Advisory Services Network LLC now owns 12,185 shares of the company’s stock valued at $2,005,000 after acquiring an additional 65 shares in the last quarter. Visionary Horizons LLC increased its position in iShares Core S&P U.S. Growth ETF by 5.7% in the 4th quarter. Visionary Horizons LLC now owns 1,399 shares of the company’s stock valued at $235,000 after acquiring an additional 76 shares in the last quarter. Finally, Choreo LLC increased its position in iShares Core S&P U.S. Growth ETF by 1.7% in the 4th quarter. Choreo LLC now owns 4,678 shares of the company’s stock valued at $792,000 after acquiring an additional 77 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Trading Down 1.1%

IUSG opened at $185.51 on Thursday. The stock has a market capitalization of $31.43 billion, a PE ratio of 32.52 and a beta of 1.17. iShares Core S&P U.S. Growth ETF has a 1-year low of $142.55 and a 1-year high of $193.85. The firm has a 50-day moving average price of $181.54 and a two-hundred day moving average price of $171.05.

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

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 15th will be given a $0.2356 dividend. This represents a $0.94 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, June 15th. This is a boost from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18.

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.