Spectrum Wealth Advisory Group LLC Has $7.07 Million Holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Spectrum Wealth Advisory Group LLC lowered its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 0.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 50,747 shares of the company’s stock after selling 309 shares during the quarter. iShares Core S&P U.S. Growth ETF accounts for 3.3% of Spectrum Wealth Advisory Group LLC’s portfolio, making the stock its 10th biggest position. Spectrum Wealth Advisory Group LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $7,072,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. LPL Financial LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 0.6% during the third quarter. LPL Financial LLC now owns 14,877,167 shares of the company’s stock worth $1,962,447,000 after buying an additional 91,725 shares in the last quarter. Blue Trust Inc. grew its holdings in iShares Core S&P U.S. Growth ETF by 32.6% during the fourth quarter. Blue Trust Inc. now owns 1,933,528 shares of the company’s stock worth $269,437,000 after buying an additional 474,923 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Core S&P U.S. Growth ETF by 6.1% during the third quarter. JPMorgan Chase & Co. now owns 1,339,301 shares of the company’s stock worth $176,667,000 after buying an additional 76,917 shares in the last quarter. Kestra Investment Management LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 11.1% during the third quarter. Kestra Investment Management LLC now owns 840,995 shares of the company’s stock worth $110,936,000 after buying an additional 84,236 shares in the last quarter. Finally, Citizens Financial Group Inc. RI grew its holdings in iShares Core S&P U.S. Growth ETF by 5.2% during the third quarter. Citizens Financial Group Inc. RI now owns 678,511 shares of the company’s stock worth $89,502,000 after buying an additional 33,346 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Trading Up 0.1 %

Shares of iShares Core S&P U.S. Growth ETF stock opened at $146.00 on Friday. The stock has a fifty day simple moving average of $142.52 and a 200 day simple moving average of $135.20. 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 company has a market capitalization of $22.02 billion, a P/E ratio of 27.75 and a beta of 1.06.

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

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.254 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This is a boost from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25.

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.