Foundations Investment Advisors LLC Raises Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Foundations Investment Advisors LLC increased its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 119.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,618 shares of the company’s stock after purchasing an additional 2,511 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $643,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of IUSG. LPL Financial LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 0.6% during the 3rd quarter. LPL Financial LLC now owns 14,877,167 shares of the company’s stock valued at $1,962,447,000 after buying an additional 91,725 shares during the last quarter. Blue Trust Inc. raised its stake in iShares Core S&P U.S. Growth ETF by 29.2% in the 4th quarter. Blue Trust Inc. now owns 1,884,644 shares of the company’s stock valued at $248,603,000 after acquiring an additional 426,039 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares Core S&P U.S. Growth ETF by 6.1% during the third quarter. JPMorgan Chase & Co. now owns 1,339,301 shares of the company’s stock valued at $176,667,000 after purchasing an additional 76,917 shares during the last quarter. Kestra Investment Management LLC boosted its position in iShares Core S&P U.S. Growth ETF by 11.1% during the third quarter. Kestra Investment Management LLC now owns 840,995 shares of the company’s stock worth $110,936,000 after purchasing an additional 84,236 shares during the period. Finally, Citizens Financial Group Inc. RI increased its stake in shares of iShares Core S&P U.S. Growth ETF by 5.2% in the third quarter. Citizens Financial Group Inc. RI now owns 678,511 shares of the company’s stock worth $89,502,000 after purchasing an additional 33,346 shares in the last quarter.

iShares Core S&P U.S. Growth ETF Stock Up 1.0 %

NASDAQ IUSG opened at $143.79 on Friday. The company’s 50 day moving average is $141.55 and its 200-day moving average is $133.83. The firm has a market cap of $21.70 billion, a P/E ratio of 27.75 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 12-month low of $106.80 and a 12-month high of $146.99.

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

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.254 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25.

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.