Avantax Advisory Services Inc. Increases Stock Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Avantax Advisory Services Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 1.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 200,126 shares of the company’s stock after purchasing an additional 2,243 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $27,887,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of IUSG. QRG Capital Management Inc. purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter worth about $243,000. Axxcess Wealth Management LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 14.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 1,955 shares of the company’s stock worth $258,000 after purchasing an additional 252 shares during the period. Venturi Wealth Management LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 460.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock worth $33,000 after purchasing an additional 207 shares during the period. Verus Capital Partners LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 8.0% in the 3rd quarter. Verus Capital Partners LLC now owns 5,665 shares of the company’s stock worth $747,000 after purchasing an additional 418 shares during the period. Finally, RPG Investment Advisory LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 18.3% in the 3rd quarter. RPG Investment Advisory LLC now owns 4,530 shares of the company’s stock worth $598,000 after purchasing an additional 700 shares during the period.

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

Shares of NASDAQ IUSG opened at $127.20 on Wednesday. iShares Core S&P U.S. Growth ETF has a 1 year low of $109.63 and a 1 year high of $146.99. The stock has a market cap of $19.18 billion, a P/E ratio of 29.39 and a beta of 1.06. The firm has a 50-day moving average of $140.97 and a 200 day moving average of $136.91.

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 boost 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 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.