iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw unusually-strong trading volume on Friday . Approximately 1,965,129 shares were traded during trading, an increase of 210% from the previous session’s volume of 633,192 shares.The stock last traded at $129.90 and had previously closed at $126.86.

iShares Core S&P U.S. Growth ETF Stock Up 2.4 %

The stock’s fifty day simple moving average is $140.29 and its two-hundred day simple moving average is $136.86. The firm has a market cap of $19.59 billion, a PE ratio of 29.39 and a beta of 1.06.

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

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors 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.

Institutional Investors Weigh In On iShares Core S&P U.S. Growth ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Atala Financial Inc bought a new position in shares of iShares Core S&P U.S. Growth ETF during the fourth quarter valued at $25,000. Transce3nd LLC bought a new stake in iShares Core S&P U.S. Growth ETF during the 4th quarter valued at about $27,000. Venturi Wealth Management LLC raised its holdings 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 worth $33,000 after buying an additional 207 shares during the last quarter. Noble Wealth Management PBC bought a new position in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth approximately $34,000. Finally, Mogy Joel R Investment Counsel Inc. grew its holdings 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 valued at $35,000 after buying an additional 190 shares during the last quarter.

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.