Sapient Capital LLC Invests $516,000 in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG)

Sapient Capital LLC acquired a new position in shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,403 shares of the company’s stock, valued at approximately $516,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IUSG. Morgan Stanley lifted its position in iShares Core S&P U.S. Growth ETF by 14.6% in the third quarter. Morgan Stanley now owns 11,135,043 shares of the company’s stock worth $1,055,936,000 after purchasing an additional 1,419,441 shares during the period. Legacy Financial Group LLC lifted its position in iShares Core S&P U.S. Growth ETF by 1,539.2% in the first quarter. Legacy Financial Group LLC now owns 455,135 shares of the company’s stock worth $53,346,000 after purchasing an additional 427,369 shares during the period. Corient Private Wealth LLC lifted its position in iShares Core S&P U.S. Growth ETF by 4,090.0% in the fourth quarter. Corient Private Wealth LLC now owns 436,558 shares of the company’s stock worth $45,446,000 after purchasing an additional 426,139 shares during the period. LPL Financial LLC lifted its position in iShares Core S&P U.S. Growth ETF by 2.7% in the third quarter. LPL Financial LLC now owns 13,846,057 shares of the company’s stock worth $1,313,022,000 after purchasing an additional 364,461 shares during the period. Finally, Clearbridge Investments LLC lifted its position in iShares Core S&P U.S. Growth ETF by 1,491.7% in the fourth quarter. Clearbridge Investments LLC now owns 331,180 shares of the company’s stock worth $34,476,000 after purchasing an additional 310,373 shares during the period.

iShares Core S&P U.S. Growth ETF Stock Down 1.9 %

IUSG traded down $2.17 during trading on Tuesday, reaching $112.51. The stock had a trading volume of 308,255 shares, compared to its average volume of 517,504. The firm has a market capitalization of $16.40 billion, a price-to-earnings ratio of 26.66 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 1-year low of $87.70 and a 1-year high of $118.45. The stock has a 50 day moving average of $115.12 and a two-hundred day moving average of $106.91.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a dividend of $0.1667 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.59%.

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