Baer Investment Advisory LLC Invests $1.35 Million in iShares Core S&P U.S. Growth ETF $IUSG

Baer Investment Advisory LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 1st quarter, HoldingsChannel reports. The fund acquired 8,723 shares of the company’s stock, valued at approximately $1,353,000.

A number of other large investors have also modified their holdings of the stock. Bank of America Corp DE lifted its holdings in iShares Core S&P U.S. Growth ETF by 4.4% in the 4th quarter. Bank of America Corp DE now owns 43,507,215 shares of the company’s stock worth $7,306,602,000 after buying an additional 1,853,499 shares in the last quarter. LPL Financial LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 1.4% during the 4th quarter. LPL Financial LLC now owns 14,224,602 shares of the company’s stock valued at $2,388,880,000 after acquiring an additional 191,247 shares during the last quarter. Valpey Financial Services LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 16,640.2% during the fourth quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock worth $592,041,000 after purchasing an additional 3,504,253 shares during the last quarter. Merit Financial Group LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 15.2% in the fourth quarter. Merit Financial Group LLC now owns 1,626,452 shares of the company’s stock valued at $273,146,000 after buying an additional 214,255 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 0.9% in the 4th quarter. JPMorgan Chase & Co. now owns 1,621,371 shares of the company’s stock valued at $272,293,000 after acquiring an additional 14,427 shares during the last quarter.

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

iShares Core S&P U.S. Growth ETF stock opened at $185.30 on Friday. The firm’s 50-day moving average is $185.32 and its 200-day moving average is $172.44. iShares Core S&P U.S. Growth ETF has a 1 year low of $148.39 and a 1 year high of $193.85. The company has a market cap of $31.65 billion, a P/E ratio of 32.52 and a beta of 1.16.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.2356 per share. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, June 15th.

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.