Mascoma Wealth Management LLC Sells 6,837 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Mascoma Wealth Management LLC cut its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 175,369 shares of the company’s stock after selling 6,837 shares during the quarter. iShares Core S&P U.S. Growth ETF comprises about 6.1% of Mascoma Wealth Management LLC’s investment portfolio, making the stock its 5th biggest position. Mascoma Wealth Management LLC owned 0.12% of iShares Core S&P U.S. Growth ETF worth $24,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Noble Wealth Management PBC purchased a new position in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at about $34,000. Mogy Joel R Investment Counsel Inc. raised its position in iShares Core S&P U.S. Growth ETF by 316.7% in the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock valued at $35,000 after purchasing an additional 190 shares during the period. Venturi Wealth Management LLC raised its position in iShares Core S&P U.S. Growth ETF by 460.0% in the third quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 207 shares during the period. Cape Investment Advisory Inc. purchased a new position in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at about $41,000. Finally, Stonebridge Financial Group LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at about $42,000.

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

NASDAQ:IUSG opened at $129.20 on Thursday. The business’s 50-day moving average is $140.97 and its two-hundred day moving average is $136.91. iShares Core S&P U.S. Growth ETF has a 12 month low of $109.63 and a 12 month high of $146.99. The firm has a market capitalization of $19.48 billion, a PE ratio of 29.39 and a beta of 1.06.

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

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.254 per share. This is a positive change 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 Company 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.