iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw unusually-high trading volume on Monday . Approximately 617,163 shares traded hands during mid-day trading, an increase of 41% from the previous session’s volume of 436,479 shares.The stock last traded at $131.95 and had previously closed at $131.78.

iShares Core S&P U.S. Growth ETF Stock Up 0.0 %

The stock has a fifty day moving average price of $130.36 and a 200-day moving average price of $125.67. The firm has a market cap of $19.66 billion, a price-to-earnings ratio of 27.75 and a beta of 1.06.

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

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in IUSG. LPL Financial LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 5.1% in the second quarter. LPL Financial LLC now owns 14,785,442 shares of the company’s stock valued at $1,884,848,000 after buying an additional 720,444 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 2,062,842 shares of the company’s stock valued at $262,971,000 after purchasing an additional 133,723 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 4.1% during the second quarter. Commonwealth Equity Services LLC now owns 1,372,047 shares of the company’s stock valued at $174,909,000 after acquiring an additional 54,475 shares during the last quarter. Facet Wealth Inc. boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 5.8% during the 1st quarter. Facet Wealth Inc. now owns 970,736 shares of the company’s stock worth $113,722,000 after purchasing an additional 53,585 shares during the last quarter. Finally, Kestra Investment Management LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the 2nd quarter worth about $96,472,000.

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.