iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Short Interest Update

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 111,500 shares, an increase of 89.0% from the February 28th total of 59,000 shares. Based on an average daily volume of 602,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares Core S&P U.S. Growth ETF

A number of institutional investors have recently modified their holdings of IUSG. Bank of America Corp DE grew its stake in iShares Core S&P U.S. Growth ETF by 0.7% in the 4th quarter. Bank of America Corp DE now owns 39,498,165 shares of the company’s stock valued at $5,504,069,000 after acquiring an additional 287,793 shares during the last quarter. LPL Financial LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 2.9% during the 4th quarter. LPL Financial LLC now owns 15,302,362 shares of the company’s stock valued at $2,132,384,000 after purchasing an additional 425,195 shares in the last quarter. Blue Trust Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF by 32.6% in the 4th quarter. Blue Trust Inc. now owns 1,933,528 shares of the company’s stock valued at $269,437,000 after purchasing an additional 474,923 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares Core S&P U.S. Growth ETF by 7.1% during the 4th quarter. JPMorgan Chase & Co. now owns 1,434,056 shares of the company’s stock worth $199,836,000 after buying an additional 94,755 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 1.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,357,596 shares of the company’s stock valued at $189,181,000 after acquiring an additional 22,928 shares in the last quarter.

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

iShares Core S&P U.S. Growth ETF stock traded down $3.06 during trading hours on Friday, reaching $127.02. The stock had a trading volume of 1,787,970 shares, compared to its average volume of 633,722. iShares Core S&P U.S. Growth ETF has a 52 week low of $109.63 and a 52 week high of $146.99. The business’s 50 day moving average price is $138.27 and its 200-day moving average price is $137.13. The company has a market cap of $19.38 billion, a price-to-earnings ratio of 29.58 and a beta of 1.09.

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

The business also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were given a $0.1767 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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