Amplius Wealth's Share Sale: Amplius Wealth Advisors sold 75,079 shares of the iShares Core S&P U.S. Growth ETF (IUSG) for approximately $11.8 million, representing about 1% of its 13F assets under management, while retaining 43,598 shares valued at $7.2 million.
Portfolio Adjustment Strategy: The sale is part of a broader portfolio adjustment rather than a complete shift away from growth investing, as Amplius continues to hold significant positions in growth-oriented ETFs, including its flagship Amplius Aggressive Asset Allocation ETF (AAAA).
Market Performance Context: IUSG shares have increased by 24.5% over the past year, outperforming the S&P 500's nearly 17% rise, highlighting the fund's focus on U.S. growth equities and its diversified investment strategy.
Risk Management Approach: Amplius Wealth's adjustments signal a cautious approach to balancing risk after a strong equity rally, indicating a recalibration of risk levels while maintaining core growth allocations amidst rising valuations and elevated interest rates.
Wall Street analysts forecast IUSG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IUSG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Wall Street analysts forecast IUSG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IUSG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 168.173
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Current: 168.173
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
