28-Mar-2024
No press releases found.
iShares Core S&P U.S. Growth ETF declares quarterly distribution of $0.1666
Seeking Alpha News (Sun, 24-Mar 1:29 PM ET)
The iShares Core S&P U.S. Growth ETF seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics. The Index measure growth stocks using three factors: sales growth, the ratio of earnings change to price, and momentum. S&P Style Indices divide the complete market capitalization of each parent index into growth and value segments. Constituents are drawn from the S&P 900 which combines the S&P 500 and S&P MidCap 400.
iShares Core S&P U.S. Growth ETF trades on the NASDAQ stock market under the symbol IUSG.
As of March 28, 2024, IUSG stock price declined to $117.21 with 405,614 million shares trading.
IUSG has a beta of 1.05, meaning it tends to be more sensitive to market movements. IUSG has a correlation of 0.91 to the broad based SPY ETF.
IUSG has a market cap of $16.95 billion. This is considered a Large Cap stock.
In the last 3 years, IUSG stock traded as high as $118.45 and as low as $76.95.
IUSG has outperformed the market in the last year with a return of +37.2%, while the SPY ETF gained +33.6%. In the last 3 month period, IUSG beat the market returning +12.4%, while SPY returned +10.1%. However, in the most recent 2 weeks IUSG has underperformed the stock market by returning +1.3%, while SPY returned +1.7%.
IUSG support price is $116.38 and resistance is $118.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IUSG stock will trade within this expected range on the day.