Matauro LLC Invests $2.54 Million in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Matauro LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 18,210 shares of the company’s stock, valued at approximately $2,538,000. iShares Core S&P U.S. Growth ETF makes up about 0.5% of Matauro LLC’s holdings, making the stock its 28th biggest holding.

A number of other hedge funds also recently modified their holdings of the stock. PMG Wealth Management Inc. acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter worth about $700,000. Transcend Capital Advisors LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 16.7% during the 4th quarter. Transcend Capital Advisors LLC now owns 16,502 shares of the company’s stock worth $2,300,000 after buying an additional 2,357 shares during the last quarter. Centricity Wealth Management LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter worth about $252,000. Able Wealth Management LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 4.1% during the 4th quarter. Able Wealth Management LLC now owns 38,806 shares of the company’s stock worth $5,408,000 after buying an additional 1,522 shares during the last quarter. Finally, Concurrent Investment Advisors LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 2.1% during the 4th quarter. Concurrent Investment Advisors LLC now owns 94,282 shares of the company’s stock worth $13,138,000 after buying an additional 1,903 shares during the last quarter.

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

NASDAQ IUSG opened at $141.77 on Friday. The firm has a 50-day moving average of $142.73 and a 200-day moving average of $135.91. The stock has a market cap of $21.38 billion, a PE ratio of 32.99 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 52-week low of $109.63 and a 52-week high of $146.99.

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

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.254 per share. This is a positive change 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.

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.