Sovereign Financial Group Inc. Sells 335 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Sovereign Financial Group Inc. reduced its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,301 shares of the company’s stock after selling 335 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $2,132,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of IUSG. Renaissance Technologies LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the 2nd quarter worth $1,695,000. Perennial Investment Advisors LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 26.5% during the second quarter. Perennial Investment Advisors LLC now owns 9,752 shares of the company’s stock worth $1,243,000 after buying an additional 2,045 shares during the last quarter. Wealth Alliance raised its position in iShares Core S&P U.S. Growth ETF by 4.3% in the second quarter. Wealth Alliance now owns 2,963 shares of the company’s stock worth $378,000 after acquiring an additional 121 shares during the period. Mercer Global Advisors Inc. ADV raised its position in iShares Core S&P U.S. Growth ETF by 7.9% in the second quarter. Mercer Global Advisors Inc. ADV now owns 22,776 shares of the company’s stock worth $2,907,000 after acquiring an additional 1,675 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 93.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 9,214 shares of the company’s stock valued at $1,175,000 after acquiring an additional 4,444 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Stock Down 0.0 %

Shares of IUSG stock opened at $138.21 on Wednesday. The firm has a market cap of $21.01 billion, a P/E ratio of 27.75 and a beta of 1.06. The company has a 50 day moving average of $140.11 and a 200-day moving average of $132.77. iShares Core S&P U.S. Growth ETF has a 12-month low of $103.25 and a 12-month high of $145.11.

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 an increase from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, December 17th.

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.