Coordinated Financial Services Inc. Purchases Shares of 8,790 iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Coordinated Financial Services Inc. purchased a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the fourth quarter, Holdings Channel reports. The fund purchased 8,790 shares of the company’s stock, valued at approximately $1,225,000. iShares Core S&P U.S. Growth ETF comprises 1.0% of Coordinated Financial Services Inc.’s portfolio, making the stock its 29th largest position.

A number of other hedge funds have also recently made changes to their positions in IUSG. Raymond James Financial Inc. purchased a new stake in iShares Core S&P U.S. Growth ETF during the fourth quarter worth about $177,085,000. Benjamin Edwards Inc. grew its holdings in shares of iShares Core S&P U.S. Growth ETF by 10,090.9% in the third quarter. Benjamin Edwards Inc. now owns 599,022 shares of the company’s stock valued at $79,018,000 after purchasing an additional 593,144 shares in the last quarter. Blue Trust Inc. increased its position in shares of 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 acquiring an additional 474,923 shares during the period. Proficio Capital Partners LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $29,400,000. Finally, Strategic Financial Concepts LLC acquired a new position in iShares Core S&P U.S. Growth ETF during the 4th quarter worth approximately $25,989,000.

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

Shares of NASDAQ IUSG opened at $132.34 on Friday. The company has a market capitalization of $19.78 billion, a price-to-earnings ratio of 29.39 and a beta of 1.09. 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 business has a 50-day moving average of $141.47 and a two-hundred day moving average of $136.88.

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

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors 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.

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

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.