iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Unusually-High Trading Volume – Time to Buy?

Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw unusually-high trading volume on Friday . Approximately 903,034 shares were traded during trading, an increase of 46% from the previous session’s volume of 618,542 shares.The stock last traded at $127.80 and had previously closed at $130.08.

iShares Core S&P U.S. Growth ETF Trading Down 2.4 %

The firm’s 50-day moving average price is $138.27 and its 200 day moving average price is $137.22. The company has a market cap of $19.15 billion, a price-to-earnings ratio of 29.58 and a beta of 1.06.

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

The business also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a $0.1767 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

Hedge Funds Weigh In On iShares Core S&P U.S. Growth ETF

Several institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its position in iShares Core S&P U.S. Growth ETF by 0.7% in the 4th quarter. Bank of America Corp DE now owns 39,498,165 shares of the company’s stock valued at $5,504,069,000 after buying an additional 287,793 shares in the last quarter. LPL Financial LLC grew its stake in iShares Core S&P U.S. Growth ETF by 2.9% in the fourth quarter. LPL Financial LLC now owns 15,302,362 shares of the company’s stock valued at $2,132,384,000 after acquiring an additional 425,195 shares during the period. Blue Trust Inc. increased its holdings in shares of iShares Core S&P U.S. Growth ETF by 32.6% during the fourth quarter. Blue Trust Inc. now owns 1,933,528 shares of the company’s stock valued at $269,437,000 after acquiring an additional 474,923 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares Core S&P U.S. Growth ETF by 7.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,434,056 shares of the company’s stock worth $199,836,000 after purchasing an additional 94,755 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 1.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,357,596 shares of the company’s stock worth $189,181,000 after purchasing an additional 22,928 shares in the last quarter.

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