Magnolia Capital Advisors LLC Reduces Stock Holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Magnolia Capital Advisors LLC reduced its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 24.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,780 shares of the company’s stock after selling 1,890 shares during the period. Magnolia Capital Advisors LLC’s holdings in iShares Core S&P U.S. Growth ETF were worth $805,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IUSG. Venturi Wealth Management LLC increased its stake in iShares Core S&P U.S. Growth ETF by 460.0% in 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 last quarter. Mogy Joel R Investment Counsel Inc. grew its position 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 worth $35,000 after acquiring an additional 190 shares during the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the third quarter worth approximately $37,000. Global Wealth Strategies & Associates grew its position 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 worth $45,000 after acquiring an additional 170 shares during the last quarter. Finally, Hoese & Co LLP purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter worth approximately $46,000.

iShares Core S&P U.S. Growth ETF Trading Down 0.5 %

Shares of IUSG opened at $143.00 on Monday. The firm has a market cap of $21.58 billion, a PE ratio of 27.75 and a beta of 1.06. The company’s 50 day simple moving average is $141.66 and its 200-day simple moving average is $133.96. 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 company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.254 dividend. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, December 17th.

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.