Beam Wealth Advisors Inc. Sells 6,588 Shares of iShares Core S&P U.S. Growth ETF $IUSG

Beam Wealth Advisors Inc. reduced its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGFree Report) by 33.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,228 shares of the company’s stock after selling 6,588 shares during the quarter. Beam Wealth Advisors Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $2,052,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Kingswood Wealth Advisors LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 140.4% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 11,048 shares of the company’s stock worth $1,855,000 after buying an additional 6,453 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in iShares Core S&P U.S. Growth ETF during the third quarter valued at approximately $1,069,000. Wealthquest Corp purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter worth approximately $694,000. Allspring Global Investments Holdings LLC raised its stake in shares of iShares Core S&P U.S. Growth ETF by 186.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 19,107 shares of the company’s stock worth $3,213,000 after acquiring an additional 12,436 shares in the last quarter. Finally, BCS Wealth Management bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter worth approximately $4,018,000.

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

Shares of IUSG opened at $186.20 on Thursday. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $148.39 and a fifty-two week high of $193.85. The firm has a market cap of $31.90 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. The firm has a 50 day moving average price of $185.90 and a 200-day moving average price of $172.94.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.2356 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was 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 Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

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