Salem Investment Counselors Inc. Increases Stock Position in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Salem Investment Counselors Inc. boosted its stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) by 177.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 981 shares of the company’s stock after purchasing an additional 627 shares during the quarter. Salem Investment Counselors Inc.’s holdings in iShares Core S&P U.S. Growth ETF were worth $115,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter valued at approximately $31,000. Tidemark LLC purchased a new stake in iShares Core S&P U.S. Growth ETF during the 4th quarter valued at $33,000. Signature Resources Capital Management LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter worth $50,000. Arlington Trust Co LLC purchased a new position in iShares Core S&P U.S. Growth ETF during the fourth quarter worth $98,000. Finally, Sachetta LLC bought a new position in iShares Core S&P U.S. Growth ETF during the fourth quarter valued at $108,000.

iShares Core S&P U.S. Growth ETF Trading Down 0.3 %

Shares of IUSG opened at $127.32 on Monday. The company’s fifty day simple moving average is $119.21 and its 200-day simple moving average is $113.43. The company has a market cap of $18.56 billion, a P/E ratio of 27.75 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a twelve month low of $90.71 and a twelve month high of $129.21.

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

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were issued a dividend of $0.1445 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $0.58 dividend on an annualized basis and a yield of 0.45%.

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.