Soltis Investment Advisors LLC Makes New $434,000 Investment in iShares Core S&P U.S. Growth ETF $IUSG

by · The Cerbat Gem

Soltis Investment Advisors LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,888 shares of the company’s stock, valued at approximately $434,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Independence Financial Advisors LLC bought a new position in iShares Core S&P U.S. Growth ETF during the 1st quarter worth about $62,741,000. Merit Financial Group LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 37.3% in the 2nd quarter. Merit Financial Group LLC now owns 1,539,575 shares of the company’s stock worth $231,552,000 after purchasing an additional 418,656 shares during the period. SCS Capital Management LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF during the first quarter valued at approximately $28,614,000. Atlantic Union Bankshares Corp boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 9,508.6% during the second quarter. Atlantic Union Bankshares Corp now owns 223,016 shares of the company’s stock valued at $33,542,000 after purchasing an additional 220,695 shares in the last quarter. Finally, Waldron Private Wealth LLC purchased a new position in iShares Core S&P U.S. Growth ETF during the second quarter valued at approximately $27,300,000.

iShares Core S&P U.S. Growth ETF Stock Down 0.1%

Shares of NASDAQ:IUSG opened at $165.70 on Friday. The firm has a 50 day moving average of $164.33 and a 200 day moving average of $152.78. The company has a market capitalization of $25.54 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a 52 week low of $108.91 and a 52 week high of $172.33.

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

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were given a $0.2487 dividend. This represents a $0.99 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 16th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21.

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

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