Cardinal Strategic Wealth Guidance Sells 5,599 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Cardinal Strategic Wealth Guidance reduced its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 344,137 shares of the company’s stock after selling 5,599 shares during the period. iShares Core S&P U.S. Growth ETF makes up 15.3% of Cardinal Strategic Wealth Guidance’s investment portfolio, making the stock its 2nd largest holding. Cardinal Strategic Wealth Guidance owned about 0.23% of iShares Core S&P U.S. Growth ETF worth $47,956,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Venturi Wealth Management LLC boosted its position in shares of iShares Core S&P U.S. Growth ETF by 460.0% during the third quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock valued at $33,000 after buying an additional 207 shares during the last quarter. Mogy Joel R Investment Counsel Inc. lifted its stake in iShares Core S&P U.S. Growth ETF by 316.7% during the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock valued at $35,000 after acquiring an additional 190 shares in the last quarter. Stonebridge Financial Group LLC purchased a new position in iShares Core S&P U.S. Growth ETF during the 4th quarter worth $42,000. Global Wealth Strategies & Associates grew its stake in shares of iShares Core S&P U.S. Growth ETF by 113.3% in the 4th quarter. Global Wealth Strategies & Associates now owns 320 shares of the company’s stock worth $45,000 after acquiring an additional 170 shares in the last quarter. Finally, Hoese & Co LLP purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter valued at about $46,000.

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

IUSG opened at $144.88 on Tuesday. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $109.63 and a fifty-two week high of $146.99. The firm has a market capitalization of $21.85 billion, a P/E ratio of 27.75 and a beta of 1.06. The company’s 50-day moving average is $142.29 and its 200 day moving average is $134.68.

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

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders 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 boost from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25.

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.