Janney Montgomery Scott LLC Cuts Stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Janney Montgomery Scott LLC trimmed its position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 9.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 33,161 shares of the company’s stock after selling 3,335 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $4,621,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. 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 valued at $33,000 after purchasing an additional 207 shares during the last quarter. Mogy Joel R Investment Counsel Inc. boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 316.7% during the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock valued at $35,000 after acquiring an additional 190 shares during the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at about $37,000. Global Wealth Strategies & Associates boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 113.3% during the 4th quarter. Global Wealth Strategies & Associates now owns 320 shares of the company’s stock valued at $45,000 after acquiring an additional 170 shares during the last quarter. Finally, Hoese & Co LLP purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter valued at about $46,000.

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

Shares of NASDAQ IUSG opened at $142.33 on Thursday. The firm’s 50-day moving average price is $141.42 and its 200-day moving average price is $133.76. The company has a market cap of $21.47 billion, a PE ratio of 27.75 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 52-week low of $106.80 and a 52-week high of $146.99.

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

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.254 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25.

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.