Colorado Capital Management Inc. Sells 5,590 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Colorado Capital Management Inc. reduced its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 17.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,988 shares of the company’s stock after selling 5,590 shares during the quarter. iShares Core S&P U.S. Growth ETF makes up approximately 1.8% of Colorado Capital Management Inc.’s holdings, making the stock its 19th biggest position. Colorado Capital Management Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $3,621,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IUSG. Hershey Financial Advisers LLC acquired a new position in iShares Core S&P U.S. Growth ETF during the second quarter valued at approximately $25,000. Venturi Wealth Management LLC boosted its holdings 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 buying an additional 207 shares during the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new position in iShares Core S&P U.S. Growth ETF during the third quarter worth $37,000. Global Wealth Strategies & Associates raised its position in iShares Core S&P U.S. Growth ETF by 113.3% during the fourth quarter. Global Wealth Strategies & Associates now owns 320 shares of the company’s stock worth $45,000 after acquiring an additional 170 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at $51,000.

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

Shares of IUSG opened at $142.60 on Tuesday. The firm has a 50-day moving average of $140.47 and a 200-day moving average of $133.18. The company has a market cap of $21.54 billion, a PE ratio of 27.75 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a one year low of $104.61 and a one year high of $145.11.

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

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.254 per share. The ex-dividend date was Tuesday, December 17th. This is an increase 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.