Jones Financial Companies Lllp Decreases Holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Jones Financial Companies Lllp lowered its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 11.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,294,142 shares of the company’s stock after selling 787,536 shares during the period. iShares Core S&P U.S. Growth ETF comprises approximately 0.8% of Jones Financial Companies Lllp’s investment portfolio, making the stock its 18th largest position. Jones Financial Companies Lllp’s holdings in iShares Core S&P U.S. Growth ETF were worth $877,089,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Venturi Wealth Management LLC boosted its stake 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 valued at $33,000 after purchasing an additional 207 shares in the last quarter. Noble Wealth Management PBC bought a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter worth $34,000. Mogy Joel R Investment Counsel Inc. boosted its position in iShares Core S&P U.S. Growth ETF by 316.7% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock valued at $35,000 after buying an additional 190 shares during the period. Cape Investment Advisory Inc. bought a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter valued at about $41,000. Finally, Stonebridge Financial Group LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth about $42,000.

iShares Core S&P U.S. Growth ETF Trading Up 1.6 %

NASDAQ IUSG opened at $138.55 on Friday. The firm has a market cap of $20.89 billion, a PE ratio of 32.99 and a beta of 1.06. 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 50-day moving average of $142.43 and a 200-day moving average of $136.66.

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

The business 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 an increase from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25.

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.