iShares Core S&P U.S. Growth ETF $IUSG Position Boosted by Fifth Third Bancorp

Fifth Third Bancorp boosted its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 2,640.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 81,101 shares of the company’s stock after acquiring an additional 78,142 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Core S&P U.S. Growth ETF were worth $12,580,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the first quarter valued at about $34,000. Richmond Investment Services LLC grew its position in iShares Core S&P U.S. Growth ETF by 23.8% in the 1st quarter. Richmond Investment Services LLC now owns 9,925 shares of the company’s stock valued at $1,540,000 after buying an additional 1,911 shares in the last quarter. Cvfg LLC increased its stake in iShares Core S&P U.S. Growth ETF by 18.3% during the 1st quarter. Cvfg LLC now owns 1,722 shares of the company’s stock valued at $267,000 after buying an additional 266 shares during the period. Renasant Bank acquired a new position in iShares Core S&P U.S. Growth ETF during the 1st quarter valued at about $1,024,000. Finally, Ascentis Independent Advisors bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the 1st quarter worth about $441,000.

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

IUSG stock opened at $188.37 on Wednesday. The firm’s 50-day moving average is $186.75 and its two-hundred day moving average is $173.48. The company has a market capitalization of $32.24 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 52 week low of $148.39 and a 52 week high of $193.85.

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 a boost 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.

About iShares Core S&P U.S. Growth ETF

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.