Sterling Investment Counsel LLC Cuts Stock Holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Sterling Investment Counsel LLC reduced its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 23.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,253 shares of the company’s stock after selling 3,676 shares during the period. iShares Core S&P U.S. Growth ETF makes up 1.1% of Sterling Investment Counsel LLC’s portfolio, making the stock its 18th largest holding. Sterling Investment Counsel LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $1,707,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Hershey Financial Advisers LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the second quarter worth about $25,000. Venturi Wealth Management LLC lifted its stake 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 worth $33,000 after purchasing an additional 207 shares during the last quarter. Mogy Joel R Investment Counsel Inc. grew its position in iShares Core S&P U.S. Growth ETF by 316.7% in 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 iShares Core S&P U.S. Growth ETF in the third quarter worth $37,000. Finally, Global Wealth Strategies & Associates lifted its holdings in 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 buying an additional 170 shares in the last quarter.

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

Shares of NASDAQ IUSG opened at $140.85 on Tuesday. iShares Core S&P U.S. Growth ETF has a 52-week low of $106.80 and a 52-week high of $146.99. The firm has a market capitalization of $21.25 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06. The stock has a 50 day moving average price of $141.19 and a 200 day moving average price of $133.62.

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

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid 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.

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.