Able Wealth Management LLC Has $5.41 Million Stock Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Able Wealth Management LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 4.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,806 shares of the company’s stock after purchasing an additional 1,522 shares during the quarter. iShares Core S&P U.S. Growth ETF comprises about 3.6% of Able Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. Able Wealth Management LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $5,408,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Venturi Wealth Management LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 460.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 207 shares during the period. Mogy Joel R Investment Counsel Inc. grew its holdings in iShares Core S&P U.S. Growth ETF by 316.7% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock worth $35,000 after acquiring an additional 190 shares during the period. Stonebridge Financial Group LLC acquired a new position in iShares Core S&P U.S. Growth ETF during the fourth quarter worth about $42,000. Global Wealth Strategies & Associates raised its position in iShares Core S&P U.S. Growth ETF by 113.3% in the fourth 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 acquired a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $46,000.

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

IUSG stock opened at $146.22 on Thursday. The firm has a market cap of $21.74 billion, a PE ratio of 32.99 and a beta of 1.07. iShares Core S&P U.S. Growth ETF has a 12 month low of $109.63 and a 12 month high of $146.99. The firm has a 50 day simple moving average of $142.72 and a 200 day simple moving average of $135.67.

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 paid a dividend of $0.254 per share. This is an increase from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Tuesday, December 17th.

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