Charles Schwab Investment Management Inc. Lowers Stock Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Charles Schwab Investment Management Inc. lowered its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 29.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,614 shares of the company’s stock after selling 27,029 shares during the period. Charles Schwab Investment Management Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $9,143,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IUSG. Meridian Wealth Management LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the third quarter valued at about $1,267,000. Great Valley Advisor Group Inc. grew its position in iShares Core S&P U.S. Growth ETF by 25.4% during the third quarter. Great Valley Advisor Group Inc. now owns 23,423 shares of the company’s stock valued at $3,090,000 after buying an additional 4,742 shares during the period. Optivise Advisory Services LLC bought a new position in iShares Core S&P U.S. Growth ETF during the third quarter valued at about $1,048,000. Kingsview Wealth Management LLC grew its position in iShares Core S&P U.S. Growth ETF by 38.4% during the third quarter. Kingsview Wealth Management LLC now owns 10,516 shares of the company’s stock valued at $1,387,000 after buying an additional 2,917 shares during the period. Finally, Cerity Partners LLC grew its position in iShares Core S&P U.S. Growth ETF by 124.9% during the third quarter. Cerity Partners LLC now owns 9,014 shares of the company’s stock valued at $1,189,000 after buying an additional 5,006 shares during the period.

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

IUSG opened at $130.14 on Friday. The firm has a market cap of $19.63 billion, a P/E ratio of 29.39 and a beta of 1.06. The firm has a 50-day moving average of $139.19 and a 200 day moving average of $136.95. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $109.63 and a fifty-two week high of $146.99.

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

The business also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were given a dividend of $0.1767 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.