Synergy Investment Management LLC Makes New $936,000 Investment in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Synergy Investment Management LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 6,721 shares of the company’s stock, valued at approximately $936,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Cerity Partners LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 124.9% in the third quarter. Cerity Partners LLC now owns 9,014 shares of the company’s stock worth $1,189,000 after buying an additional 5,006 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares Core S&P U.S. Growth ETF by 6.1% in the third quarter. JPMorgan Chase & Co. now owns 1,339,301 shares of the company’s stock worth $176,667,000 after acquiring an additional 76,917 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 83.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 9,164 shares of the company’s stock worth $1,280,000 after acquiring an additional 4,172 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter valued at $83,000. Finally, Orion Portfolio Solutions LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 5.0% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 10,711 shares of the company’s stock worth $1,413,000 after purchasing an additional 513 shares in the last quarter.

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

Shares of iShares Core S&P U.S. Growth ETF stock opened at $135.20 on Tuesday. The stock has a market cap of $20.39 billion, a P/E ratio of 32.99 and a beta of 1.06. The stock’s fifty day moving average is $142.43 and its 200 day moving average is $136.74. iShares Core S&P U.S. Growth ETF has a one year low of $109.63 and a one year high of $146.99.

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

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $0.254 dividend. The ex-dividend date was Tuesday, December 17th. This is an increase from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25.

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