PMG Wealth Management Inc. Buys Shares of 5,023 iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

PMG Wealth Management Inc. purchased a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 5,023 shares of the company’s stock, valued at approximately $700,000. iShares Core S&P U.S. Growth ETF makes up about 0.6% of PMG Wealth Management Inc.’s investment portfolio, making the stock its 25th largest position.

A number of other large investors have also made changes to their positions in the business. Benjamin Edwards Inc. boosted its holdings in 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 worth $79,018,000 after acquiring an additional 593,144 shares in the last quarter. Blue Trust Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF by 32.6% in the 4th quarter. Blue Trust Inc. now owns 1,933,528 shares of the company’s stock valued at $269,437,000 after purchasing an additional 474,923 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter worth approximately $25,989,000. LPL Financial LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 0.6% in the 3rd quarter. LPL Financial LLC now owns 14,877,167 shares of the company’s stock worth $1,962,447,000 after purchasing an additional 91,725 shares in the last quarter. Finally, Goldstone Financial Group LLC purchased a new stake in iShares Core S&P U.S. Growth ETF during the 3rd quarter worth approximately $12,079,000.

iShares Core S&P U.S. Growth ETF Trading Down 2.2 %

Shares of iShares Core S&P U.S. Growth ETF stock opened at $141.77 on Friday. The firm’s 50 day simple moving average is $142.73 and its two-hundred day simple moving average is $135.91. The firm has a market capitalization of $21.38 billion, a price-to-earnings ratio of 32.99 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 12-month low of $109.63 and a 12-month high of $146.99.

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

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors 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 of this dividend was Tuesday, December 17th.

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.