iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sets New 12-Month High – Should You Buy?

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $135.15 and last traded at $134.70, with a volume of 235350 shares trading hands. The stock had previously closed at $134.70.

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

The company has a market cap of $20.20 billion, a PE ratio of 27.75 and a beta of 1.06. The business’s 50 day moving average is $129.28 and its 200-day moving average is $124.54.

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

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

Institutional Trading of iShares Core S&P U.S. Growth ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 128.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 259,919 shares of the company’s stock valued at $27,058,000 after acquiring an additional 146,235 shares during the last quarter. Inspire Advisors LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the second quarter valued at approximately $349,000. Sequoia Financial Advisors LLC raised its holdings in iShares Core S&P U.S. Growth ETF by 4.0% during 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 lifted its position in shares of iShares Core S&P U.S. Growth ETF by 5.1% during the 2nd quarter. Crestwood Advisors Group LLC now owns 6,354 shares of the company’s stock worth $810,000 after buying an additional 311 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 0.9% during the 1st quarter. Oppenheimer & Co. Inc. now owns 10,059 shares of the company’s stock worth $1,179,000 after buying an additional 92 shares during the last quarter.

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.