Procyon Advisors LLC Invests $292,000 in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Procyon Advisors LLC acquired a new position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) during the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 2,296 shares of the company’s stock, valued at approximately $292,000.

Several other hedge funds also recently made changes to their positions in IUSG. Allspring Global Investments Holdings LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 83.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 9,164 shares of the company’s stock worth $1,280,000 after acquiring an additional 4,172 shares in the last quarter. Bearing Point Capital LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth approximately $934,000. Jane Street Group LLC increased its position in shares of iShares Core S&P U.S. Growth ETF by 67.4% in the fourth quarter. Jane Street Group LLC now owns 4,835 shares of the company’s stock worth $674,000 after acquiring an additional 1,946 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth approximately $83,000. Finally, Members Wealth LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter worth approximately $318,000.

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

IUSG stock opened at $144.56 on Tuesday. The stock has a market cap of $22.50 billion, a P/E ratio of 30.90 and a beta of 1.06. The firm has a 50 day simple moving average of $132.06 and a 200 day simple moving average of $136.69. iShares Core S&P U.S. Growth ETF has a 52 week low of $108.91 and a 52 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 issued a dividend of $0.1767 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.