iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Reaches New 52-Week High – What’s Next?

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $143.77 and last traded at $143.72, with a volume of 38312 shares changing hands. The stock had previously closed at $141.98.

iShares Core S&P U.S. Growth ETF Trading Up 1.6 %

The stock’s 50 day moving average is $135.99 and its 200 day moving average is $129.91. The firm has a market cap of $21.51 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06.

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

The firm also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were given a dividend of $0.2513 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. LPL Financial LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 0.6% during the 3rd quarter. LPL Financial LLC now owns 14,877,167 shares of the company’s stock worth $1,962,447,000 after acquiring an additional 91,725 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 6.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,062,842 shares of the company’s stock worth $262,971,000 after acquiring an additional 133,723 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 4.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,372,047 shares of the company’s stock worth $174,909,000 after acquiring an additional 54,475 shares during the period. Kestra Investment Management LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 11.1% during the 3rd quarter. Kestra Investment Management LLC now owns 840,995 shares of the company’s stock worth $110,936,000 after acquiring an additional 84,236 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 9.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 682,782 shares of the company’s stock worth $87,041,000 after acquiring an additional 60,602 shares during the period.

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.