Modera Wealth Management LLC Has $31.72 Million Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Modera Wealth Management LLC cut its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 0.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 227,598 shares of the company’s stock after selling 673 shares during the period. Modera Wealth Management LLC owned 0.15% of iShares Core S&P U.S. Growth ETF worth $31,716,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. SRS Capital Advisors Inc. boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 2,913.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 30,738 shares of the company’s stock worth $4,283,000 after buying an additional 29,718 shares in the last quarter. Cape Investment Advisory Inc. acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter worth approximately $41,000. Mitchell Capital Management Co. raised its position in iShares Core S&P U.S. Growth ETF by 23.7% in the 4th quarter. Mitchell Capital Management Co. now owns 7,782 shares of the company’s stock valued at $1,084,000 after buying an additional 1,492 shares during the last quarter. Capital Wealth Planning LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at $243,000. Finally, Noble Wealth Management PBC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter valued at $34,000.

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

Shares of IUSG stock opened at $138.55 on Friday. The firm has a market cap of $20.89 billion, a price-to-earnings 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. The firm’s 50-day simple moving average is $142.43 and its two-hundred day simple moving average is $136.66.

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

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $0.254 dividend. This is an increase 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 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.