Citizens Financial Group Inc. RI Lowers Stock Position in iShares Core S&P U.S. Growth ETF $IUSG

Citizens Financial Group Inc. RI reduced its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 449,559 shares of the company’s stock after selling 17,693 shares during the period. iShares Core S&P U.S. Growth ETF accounts for about 1.0% of Citizens Financial Group Inc. RI’s holdings, making the stock its 21st biggest position. Citizens Financial Group Inc. RI owned approximately 0.27% of iShares Core S&P U.S. Growth ETF worth $69,731,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Flagstar Advisors Inc. boosted its stake in shares of 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 worth $294,000 after buying an additional 63 shares during the last quarter. Retirement Planning Group LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 4.6% during the fourth 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 during the last quarter. Advisory Services Network LLC lifted its holdings in iShares Core S&P U.S. Growth ETF by 0.5% during the third quarter. Advisory Services Network LLC now owns 12,185 shares of the company’s stock worth $2,005,000 after acquiring an additional 65 shares during the period. HB Wealth Management LLC lifted its holdings in iShares Core S&P U.S. Growth ETF by 0.3% during the first quarter. HB Wealth Management LLC now owns 24,810 shares of the company’s stock worth $3,848,000 after acquiring an additional 66 shares during the period. Finally, Visionary Horizons LLC boosted its position in iShares Core S&P U.S. Growth ETF by 5.7% in the fourth quarter. Visionary Horizons LLC now owns 1,399 shares of the company’s stock worth $235,000 after purchasing an additional 76 shares during the last quarter.

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

NASDAQ:IUSG traded up $1.08 during trading on Friday, reaching $189.39. The company’s stock had a trading volume of 362,989 shares, compared to its average volume of 789,404. The firm has a market cap of $32.44 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. The firm has a 50 day moving average of $186.40 and a 200-day moving average of $173.20. iShares Core S&P U.S. Growth ETF has a 12 month low of $148.39 and a 12 month high of $193.85.

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

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

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.