Convergence Financial LLC Sells 87 Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Convergence Financial LLC trimmed its stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 3.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,336 shares of the company’s stock after selling 87 shares during the quarter. Convergence Financial LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the business. Inspire Advisors LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the second quarter worth approximately $349,000. Sequoia Financial Advisors LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 4.0% in the first quarter. Sequoia Financial Advisors LLC now owns 16,664 shares of the company’s stock worth $1,953,000 after purchasing an additional 646 shares in the last quarter. Crestwood Advisors Group LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 5.1% in the second quarter. Crestwood Advisors Group LLC now owns 6,354 shares of the company’s stock worth $810,000 after purchasing an additional 311 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in iShares Core S&P U.S. Growth ETF by 0.9% in the first quarter. Oppenheimer & Co. Inc. now owns 10,059 shares of the company’s stock worth $1,179,000 after purchasing an additional 92 shares in the last quarter. Finally, Simplicity Wealth LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 127.0% in the second quarter. Simplicity Wealth LLC now owns 4,233 shares of the company’s stock worth $540,000 after purchasing an additional 2,368 shares in the last quarter.

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

Shares of IUSG stock opened at $134.07 on Friday. The company has a market cap of $20.08 billion, a P/E ratio of 27.75 and a beta of 1.06. The stock has a 50 day simple moving average of $129.90 and a two-hundred day simple moving average of $124.90. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $90.71 and a fifty-two week high of $135.29.

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

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

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.