iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Short Interest Down 56.4% in September

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 57,400 shares, a decline of 56.4% from the August 31st total of 131,800 shares. Based on an average daily volume of 383,500 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 383,500 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in iShares Core S&P U.S. Growth ETF by 0.8% in the 2nd quarter. Bank of America Corp DE now owns 43,464,067 shares of the company’s stock worth $6,536,996,000 after buying an additional 348,725 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 2,049,968 shares of the company’s stock worth $308,315,000 after buying an additional 32,376 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of iShares Core S&P U.S. Growth ETF by 4.8% in the second quarter. Blue Trust Inc. now owns 1,975,369 shares of the company’s stock valued at $297,095,000 after purchasing an additional 90,129 shares in the last quarter. Merit Financial Group LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 37.3% in the 2nd quarter. Merit Financial Group LLC now owns 1,539,575 shares of the company’s stock worth $231,552,000 after buying an additional 418,656 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of iShares Core S&P U.S. Growth ETF by 5.9% during the 1st quarter. JPMorgan Chase & Co. now owns 1,518,967 shares of the company’s stock valued at $193,031,000 after purchasing an additional 84,911 shares during the last quarter.

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

Shares of IUSG opened at $165.08 on Friday. iShares Core S&P U.S. Growth ETF has a 1 year low of $108.91 and a 1 year high of $166.16. The firm has a market cap of $25.30 billion, a P/E ratio of 32.52 and a beta of 1.06. The stock has a 50 day simple moving average of $159.28 and a two-hundred day simple moving average of $145.47.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a dividend of $0.2487 per share. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.21. This represents a $0.99 annualized dividend and a dividend yield of 0.6%.

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.