ERTS Wealth Advisors LLC Reduces Stock Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Posted by Stephan Jacobs on Jan 22nd, 2025

ERTS Wealth Advisors LLC decreased its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Free Report) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 90,848 shares of the company’s stock after selling 3,515 shares during the quarter. iShares Core S&P U.S. Growth ETF comprises 2.4% of ERTS Wealth Advisors LLC’s holdings, making the stock its 13th largest position. ERTS Wealth Advisors LLC owned 0.06% of iShares Core S&P U.S. Growth ETF worth $12,660,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kestra Investment Management LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at $96,472,000. Benjamin Edwards Inc. raised its holdings in iShares Core S&P U.S. Growth ETF by 10,090.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 599,022 shares of the company’s stock valued at $79,018,000 after buying an additional 593,144 shares during the period. Sanctuary Advisors LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at about $23,807,000. LPL Financial LLC lifted its position in iShares Core S&P U.S. Growth ETF by 0.6% in the third quarter. LPL Financial LLC now owns 14,877,167 shares of the company’s stock valued at $1,962,447,000 after buying an additional 91,725 shares during the last quarter. Finally, Goldstone Financial Group LLC purchased a new position in iShares Core S&P U.S. Growth ETF during the third quarter worth about $12,079,000.

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

iShares Core S&P U.S. Growth ETF stock opened at $144.07 on Wednesday. The company’s 50 day simple moving average is $140.57 and its 200-day simple moving average is $133.27. iShares Core S&P U.S. Growth ETF has a 1 year low of $106.80 and a 1 year high of $145.11. The company has a market capitalization of $21.75 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06.

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

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

iShares Core S&P U.S. Growth ETF Profile

(Free Report)

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.