Sun Sep 15 10:46:58 UTC 2024: ## Institutional Investors Show Strong Interest in iShares Core S&P U.S. Growth ETF (IUSG)

**New York, NY – September 15, 2024** – Choreo LLC, a prominent investment firm, increased its stake in the iShares Core S&P U.S. Growth ETF (IUSG) by 14.4% in the second quarter, according to recent SEC filings. This move reflects a growing trend of institutional investors showing strong confidence in the ETF.

The fund now holds 5,034 shares of IUSG, valued at $646,000, after acquiring an additional 635 shares during the period. This trend is echoed by several other institutional investors who significantly increased their holdings in IUSG.

Legacy Financial Group LLC, for instance, expanded its position in IUSG by a staggering 1,539.2% in the first quarter, now owning 455,135 shares valued at $53,346,000. Corient Private Wealth LLC followed suit, increasing its position by 4,090.0% in the fourth quarter, owning 436,558 shares worth $45,446,000. Similar significant increases were also reported by Clearbridge Investments LLC and Cetera Investment Advisers.

IUSG, managed by BlackRock, tracks the S&P 900 Growth index, providing investors with exposure to US large- and mid-cap growth stocks. The index selects stocks based on fundamental growth factors, offering investors a diversified portfolio of promising growth companies.

IUSG opened at $128.63 on Friday, with a market cap of $19.13 billion. The ETF boasts a P/E ratio of 27.75 and a beta of 1.06, suggesting a strong potential for growth.

These recent moves by institutional investors highlight the growing appeal of IUSG, offering investors a diversified and potentially lucrative avenue to invest in the US growth market.

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