Edge Capital Group LLC Has $31.59 Million Stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Edge Capital Group LLC decreased its position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 226,677 shares of the company’s stock after selling 4,505 shares during the period. iShares Core S&P U.S. Growth ETF makes up 1.7% of Edge Capital Group LLC’s holdings, making the stock its 15th biggest holding. Edge Capital Group LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $31,587,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mogy Joel R Investment Counsel Inc. raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 316.7% during the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock valued at $35,000 after purchasing an additional 190 shares during the period. Venturi Wealth Management LLC raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 460.0% during the third quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 207 shares during the period. Stonebridge Financial Group LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter valued at about $42,000. Global Wealth Strategies & Associates raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 113.3% during the fourth quarter. Global Wealth Strategies & Associates now owns 320 shares of the company’s stock valued at $45,000 after purchasing an additional 170 shares during the period. Finally, Hoese & Co LLP acquired a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter valued at about $46,000.

iShares Core S&P U.S. Growth ETF Trading Down 2.2 %

Shares of NASDAQ IUSG opened at $141.77 on Monday. The firm’s 50-day moving average price is $142.73 and its 200-day moving average price is $136.17. iShares Core S&P U.S. Growth ETF has a 1-year low of $109.63 and a 1-year high of $146.99. The firm has a market capitalization of $21.38 billion, a P/E ratio of 32.99 and a beta of 1.06.

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

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.254 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25.

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.