iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Large Volume Increase

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw an uptick in trading volume on Wednesday . 543,860 shares traded hands during mid-day trading, an increase of 6% from the previous session’s volume of 512,632 shares.The stock last traded at $116.87 and had previously closed at $117.07.

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

The firm has a market capitalization of $16.73 billion, a P/E ratio of 21.59 and a beta of 1.06. The company has a 50-day simple moving average of $113.15 and a two-hundred day simple moving average of $103.97.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a $0.1667 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.67 annualized dividend and a dividend yield of 0.57%.

Institutional Investors Weigh In On iShares Core S&P U.S. Growth ETF

Several hedge funds have recently bought and sold shares of IUSG. JPMorgan Chase & Co. boosted its position in shares of iShares Core S&P U.S. Growth ETF by 4.4% in the 1st quarter. JPMorgan Chase & Co. now owns 115,063 shares of the company’s stock worth $12,157,000 after purchasing an additional 4,863 shares in the last quarter. Bank of Montreal Can boosted its holdings in iShares Core S&P U.S. Growth ETF by 8.9% in the first quarter. Bank of Montreal Can now owns 8,311 shares of the company’s stock worth $898,000 after acquiring an additional 679 shares in the last quarter. Prudential Financial Inc. grew its stake in shares of iShares Core S&P U.S. Growth ETF by 8.9% in the first quarter. Prudential Financial Inc. now owns 10,653 shares of the company’s stock worth $1,126,000 after acquiring an additional 872 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the 1st quarter worth about $597,000. Finally, Nations Financial Group Inc. IA ADV grew its position in iShares Core S&P U.S. Growth ETF by 40.1% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 5,438 shares of the company’s stock valued at $575,000 after purchasing an additional 1,557 shares during the last quarter.

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.