iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Strong Trading Volume – What’s Next?

Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw unusually-high trading volume on Wednesday . Approximately 600,052 shares were traded during trading, an increase of 3% from the previous session’s volume of 584,514 shares.The stock last traded at $140.45 and had previously closed at $140.45.

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

The company has a market capitalization of $21.32 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06. The business’s 50-day simple moving average is $139.53 and its 200-day simple moving average is $132.43.

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

The firm 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.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of IUSG. Collective Family Office LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 3.1% during the 4th quarter. Collective Family Office LLC now owns 5,004 shares of the company’s stock worth $697,000 after acquiring an additional 149 shares in the last quarter. Weaver Consulting Group raised its holdings in iShares Core S&P U.S. Growth ETF by 2.7% during the fourth quarter. Weaver Consulting Group now owns 4,363 shares of the company’s stock worth $608,000 after acquiring an additional 116 shares in the last quarter. Global Wealth Strategies & Associates grew its stake 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 valued at $45,000 after purchasing an additional 170 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Core S&P U.S. Growth ETF by 6.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,339,301 shares of the company’s stock worth $176,667,000 after purchasing an additional 76,917 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at approximately $203,000.

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.