JPMorgan Chase & Co. Raises Stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

JPMorgan Chase & Co. boosted its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 6.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,339,301 shares of the company’s stock after purchasing an additional 76,917 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Core S&P U.S. Growth ETF were worth $176,667,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hershey Financial Advisers LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the second quarter worth $25,000. Venturi Wealth Management LLC grew its position in iShares Core S&P U.S. Growth ETF by 460.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock worth $33,000 after purchasing an additional 207 shares during the period. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at about $37,000. Fairscale Capital LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the 2nd quarter valued at about $66,000. Finally, Focused Wealth Management Inc acquired a new position in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at about $66,000.

iShares Core S&P U.S. Growth ETF Stock Down 0.8 %

iShares Core S&P U.S. Growth ETF stock opened at $139.35 on Wednesday. The business’s 50-day moving average price is $138.85 and its 200 day moving average price is $131.98. The firm has a market cap of $20.78 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 52 week low of $100.72 and a 52 week 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. Investors of record on Tuesday, December 17th were paid a $0.254 dividend. This is a boost 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.

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.