Tower Research Capital LLC TRC Makes New $692,000 Investment in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Posted by Defense World Staff on Aug 19th, 2023

Tower Research Capital LLC TRC bought a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 7,797 shares of the company’s stock, valued at approximately $692,000.

A number of other large investors have also modified their holdings of IUSG. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the first quarter valued at about $26,000. Washington Trust Advisors Inc. acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter valued at about $28,000. PrairieView Partners LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the first quarter valued at about $35,000. MUFG Americas Holdings Corp acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the third quarter valued at about $40,000. Finally, Rebalance LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at about $42,000.

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

Shares of IUSG opened at $96.08 on Friday. The company has a market capitalization of $13.26 billion, a P/E ratio of 21.59 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a one year low of $76.95 and a one year high of $101.04. The stock has a 50-day moving average price of $97.73 and a 200 day moving average price of $92.56.

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

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 13th. Investors of record on Thursday, June 8th were issued a $0.2197 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend was Wednesday, June 7th.

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

(Free Report)

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.