iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Reaches New 1-Year High – Should You Buy?

Posted by Lars Charter on Nov 13th, 2024

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $139.70 and last traded at $139.58, with a volume of 201346 shares changing hands. The stock had previously closed at $139.09.

iShares Core S&P U.S. Growth ETF Trading Down 0.1 %

The firm’s 50-day moving average price is $131.66 and its 200-day moving average price is $126.88. The stock has a market capitalization of $20.73 billion, a PE ratio of 27.75 and a beta of 1.06.

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

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a $0.2513 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Trading of iShares Core S&P U.S. Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hershey Financial Advisers LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 2nd quarter worth about $25,000. Venturi Wealth Management LLC grew its stake in iShares Core S&P U.S. Growth ETF by 460.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock worth $33,000 after acquiring an additional 207 shares in the last quarter. LRI Investments LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 1st quarter worth about $34,000. Atlanta Consulting Group Advisors LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 1st quarter worth about $35,000. Finally, Clean Yield Group bought a new position in iShares Core S&P U.S. Growth ETF in the 2nd quarter worth about $36,000.

iShares Core S&P U.S. Growth ETF Company Profile

(Get Free Report)

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.