Coordinated Financial Services Inc. Takes $1.23 Million Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Coordinated Financial Services Inc. acquired a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 8,790 shares of the company’s stock, valued at approximately $1,225,000. iShares Core S&P U.S. Growth ETF makes up approximately 1.0% of Coordinated Financial Services Inc.’s portfolio, making the stock its 29th largest holding.

A number of other hedge funds also recently bought and sold shares of the business. Axis Wealth Partners LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter valued at approximately $1,043,000. Larson Financial Group LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 20.3% in the 4th quarter. Larson Financial Group LLC now owns 854 shares of the company’s stock valued at $119,000 after buying an additional 144 shares in the last quarter. Blankinship & Foster LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter worth $210,000. Raymond James Financial Inc. purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter worth $177,085,000. Finally, Vantage Financial Partners LLC boosted its position in shares of iShares Core S&P U.S. Growth ETF by 1.6% during the 4th quarter. Vantage Financial Partners LLC now owns 112,894 shares of the company’s stock valued at $15,732,000 after acquiring an additional 1,738 shares during the last quarter.

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

Shares of IUSG stock opened at $132.34 on Friday. The company has a market capitalization of $19.78 billion, a PE ratio of 29.39 and a beta of 1.09. The firm’s 50-day moving average is $141.47 and its two-hundred day moving average is $136.88. iShares Core S&P U.S. Growth ETF has a 12 month low of $109.63 and a 12 month high of $146.99.

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

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.254 per share. The ex-dividend date was Tuesday, December 17th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25.

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.