Shum Financial Group Inc. Acquires Shares of 3,107 iShares Core S&P U.S. Growth ETF $IUSG

Shum Financial Group Inc. acquired a new stake in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,107 shares of the company’s stock, valued at approximately $584,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bank of America Corp DE raised its stake in shares of iShares Core S&P U.S. Growth ETF by 21.3% during the 1st quarter. Bank of America Corp DE now owns 52,774,558 shares of the company’s stock worth $8,185,862,000 after buying an additional 9,267,343 shares during the period. Valpey Financial Services LLC grew its stake in iShares Core S&P U.S. Growth ETF by 16,640.2% in the 4th quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock valued at $592,041,000 after acquiring an additional 3,504,253 shares during the period. SHP Wealth Management acquired a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at $78,328,000. Kestra Investment Management LLC increased its holdings in iShares Core S&P U.S. Growth ETF by 40.5% in the 4th quarter. Kestra Investment Management LLC now owns 1,131,808 shares of the company’s stock worth $190,076,000 after acquiring an additional 326,483 shares in the last quarter. Finally, Bleakley Financial Group LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 2,061.6% during the fourth quarter. Bleakley Financial Group LLC now owns 228,719 shares of the company’s stock worth $38,411,000 after purchasing an additional 218,138 shares in the last quarter.

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

Shares of iShares Core S&P U.S. Growth ETF stock opened at $191.91 on Friday. The stock has a market capitalization of $33.28 billion, a P/E ratio of 32.52 and a beta of 1.16. The business has a 50 day simple moving average of $188.41 and a two-hundred day simple moving average of $178.89. iShares Core S&P U.S. Growth ETF has a 12 month low of $148.39 and a 12 month high of $195.64.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.2356 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.94 annualized dividend and a yield of 0.5%. This is an increase from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.18.

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

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.