Phoenix Wealth Advisors Acquires 9,073 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Phoenix Wealth Advisors grew its holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 16.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 63,524 shares of the company’s stock after buying an additional 9,073 shares during the quarter. iShares Core S&P U.S. Growth ETF makes up 4.5% of Phoenix Wealth Advisors’ portfolio, making the stock its 4th largest position. Phoenix Wealth Advisors’ holdings in iShares Core S&P U.S. Growth ETF were worth $6,509,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Cardinal Strategic Wealth Guidance raised its position in iShares Core S&P U.S. Growth ETF by 11.5% in the 4th quarter. Cardinal Strategic Wealth Guidance now owns 255,708 shares of the company’s stock worth $26,621,000 after purchasing an additional 26,391 shares during the last quarter. SVB Wealth LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 74.8% during the fourth quarter. SVB Wealth LLC now owns 9,473 shares of the company’s stock worth $986,000 after acquiring an additional 4,053 shares during the last quarter. Capital Analysts LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 13.5% during the fourth quarter. Capital Analysts LLC now owns 4,911 shares of the company’s stock valued at $511,000 after acquiring an additional 586 shares during the period. Investors Research Corp boosted its holdings in iShares Core S&P U.S. Growth ETF by 6.8% in the fourth quarter. Investors Research Corp now owns 5,229 shares of the company’s stock valued at $544,000 after acquiring an additional 333 shares during the last quarter. Finally, Windward Private Wealth Management Inc. increased its position in iShares Core S&P U.S. Growth ETF by 1.1% in the fourth quarter. Windward Private Wealth Management Inc. now owns 39,321 shares of the company’s stock worth $4,093,000 after purchasing an additional 426 shares during the period.

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

NASDAQ:IUSG traded down $0.26 on Wednesday, hitting $113.87. 107,099 shares of the stock were exchanged, compared to its average volume of 533,277. The stock has a market capitalization of $16.54 billion, a price-to-earnings ratio of 27.61 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 52 week low of $87.64 and a 52 week high of $118.45. The company’s 50-day moving average price is $115.10 and its 200 day moving average price is $105.84.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a dividend of $0.1667 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.67 annualized dividend and a dividend yield of 0.59%.

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.