First National Bank of Hutchinson Acquires Shares of 2,445 iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

First National Bank of Hutchinson purchased a new stake in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the fourth quarter, Holdings Channel.com reports. The firm purchased 2,445 shares of the company’s stock, valued at approximately $341,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Stokes Family Office LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 5.6% during the fourth quarter. Stokes Family Office LLC now owns 21,664 shares of the company’s stock worth $3,019,000 after purchasing an additional 1,145 shares during the period. VSM Wealth Advisory LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth approximately $185,000. Brooklyn FI LLC bought a new position in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter worth approximately $238,000. Horizon Investments LLC increased its position in iShares Core S&P U.S. Growth ETF by 18.3% in the fourth quarter. Horizon Investments LLC now owns 95,273 shares of the company’s stock worth $13,276,000 after buying an additional 14,748 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in iShares Core S&P U.S. Growth ETF by 2.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 26,676 shares of the company’s stock worth $3,717,000 after buying an additional 750 shares during the period.

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

IUSG opened at $130.09 on Thursday. The stock has a market capitalization of $19.62 billion, a price-to-earnings ratio of 29.39 and a beta of 1.06. The company has a fifty day moving average of $139.58 and a 200 day moving average of $136.90. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $109.63 and a fifty-two week high of $146.99.

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

The firm also recently announced a dividend, which will be paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.1767 per share. The ex-dividend date of this dividend is Tuesday, March 18th.

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.