Phoenix Wealth Advisors Has $6.51 Million Stock Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Phoenix Wealth Advisors boosted its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 16.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,524 shares of the company’s stock after purchasing an additional 9,073 shares during the quarter. iShares Core S&P U.S. Growth ETF comprises 4.5% of Phoenix Wealth Advisors’ holdings, making the stock its 4th largest holding. Phoenix Wealth Advisors’ holdings in iShares Core S&P U.S. Growth ETF were worth $6,509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IUSG. Cardinal Strategic Wealth Guidance lifted its position in shares of iShares Core S&P U.S. Growth ETF by 11.5% during the fourth quarter. Cardinal Strategic Wealth Guidance now owns 255,708 shares of the company’s stock valued at $26,621,000 after buying an additional 26,391 shares during the last quarter. SVB Wealth LLC raised its stake in shares of iShares Core S&P U.S. Growth ETF by 74.8% during the 4th quarter. SVB Wealth LLC now owns 9,473 shares of the company’s stock worth $986,000 after acquiring an additional 4,053 shares in the last quarter. Capital Analysts LLC lifted its position in iShares Core S&P U.S. Growth ETF by 13.5% during the fourth quarter. Capital Analysts LLC now owns 4,911 shares of the company’s stock valued at $511,000 after acquiring an additional 586 shares during the last quarter. Investors Research Corp lifted its position in iShares Core S&P U.S. Growth ETF by 6.8% during the fourth quarter. Investors Research Corp now owns 5,229 shares of the company’s stock valued at $544,000 after acquiring an additional 333 shares during the last quarter. Finally, Windward Private Wealth Management Inc. boosted its stake in iShares Core S&P U.S. Growth ETF by 1.1% in the fourth quarter. Windward Private Wealth Management Inc. now owns 39,321 shares of the company’s stock valued at $4,093,000 after acquiring an additional 426 shares in the last quarter.

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

NASDAQ IUSG traded down $0.26 on Wednesday, hitting $113.87. The stock had a trading volume of 107,099 shares, compared to its average volume of 533,277. iShares Core S&P U.S. Growth ETF has a 52-week low of $87.64 and a 52-week high of $118.45. The business’s fifty day moving average price is $115.10 and its 200 day moving average price is $105.84. The stock has a market cap of $16.54 billion, a price-to-earnings ratio of 27.61 and a beta of 1.06.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a dividend of $0.1667 per share. This represents a $0.67 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend was Thursday, March 21st.

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.