Sandy Spring Bank Has $32.54 Million Stock Holdings in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Sandy Spring Bank cut its holdings in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 4.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 233,511 shares of the company’s stock after selling 11,113 shares during the quarter. iShares Core S&P U.S. Growth ETF comprises about 1.3% of Sandy Spring Bank’s holdings, making the stock its 15th largest position. Sandy Spring Bank’s holdings in iShares Core S&P U.S. Growth ETF were worth $32,540,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Atala Financial Inc bought a new position in iShares Core S&P U.S. Growth ETF during the 4th quarter worth approximately $25,000. Noble Wealth Management PBC bought a new position in iShares Core S&P U.S. Growth ETF during the 4th quarter worth approximately $34,000. Mogy Joel R Investment Counsel Inc. raised its holdings in iShares Core S&P U.S. Growth ETF by 316.7% during the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock worth $35,000 after purchasing an additional 190 shares during the last quarter. Cape Investment Advisory Inc. bought a new position in iShares Core S&P U.S. Growth ETF during the 4th quarter worth approximately $41,000. Finally, Stonebridge Financial Group LLC bought a new position in iShares Core S&P U.S. Growth ETF during the 4th quarter worth approximately $42,000.

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

iShares Core S&P U.S. Growth ETF stock opened at $130.09 on Thursday. iShares Core S&P U.S. Growth ETF has a 52-week low of $109.63 and a 52-week high of $146.99. The firm has a 50 day moving average price of $139.58 and a two-hundred day moving average price of $136.90. The firm has a market cap of $19.62 billion, a price-to-earnings ratio of 29.39 and a beta of 1.06.

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

The business also recently disclosed a dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th will be paid a $0.1767 dividend. The ex-dividend date is Tuesday, March 18th.

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.