Short Interest in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Increases By 122.4%

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 355,976 shares, a growth of 122.4% from the April 15th total of 160,071 shares. Based on an average daily volume of 723,607 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

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

Shares of IUSG opened at $186.68 on Friday. The company has a 50 day moving average price of $168.34 and a 200-day moving average price of $167.72. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $137.88 and a fifty-two week high of $189.93. The stock has a market capitalization of $31.62 billion, a PE ratio of 32.52 and a beta of 1.16.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $0.1752 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Tuesday, March 17th.

Institutional Investors Weigh In On iShares Core S&P U.S. Growth ETF

A number of hedge funds have recently made changes to their positions in IUSG. Brighton Jones LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock worth $1,702,000 after purchasing an additional 199 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in iShares Core S&P U.S. Growth ETF by 35.4% during the first quarter. Goldman Sachs Group Inc. now owns 110,110 shares of the company’s stock valued at $13,993,000 after acquiring an additional 28,807 shares during the last quarter. Marshall Wace LLP purchased a new stake in iShares Core S&P U.S. Growth ETF during the second quarter valued at approximately $1,994,000. NewEdge Advisors LLC lifted its position in iShares Core S&P U.S. Growth ETF by 4.4% during the second quarter. NewEdge Advisors LLC now owns 44,097 shares of the company’s stock valued at $6,632,000 after acquiring an additional 1,842 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its position in iShares Core S&P U.S. Growth ETF by 1.3% during the second quarter. Alliancebernstein L.P. now owns 237,423 shares of the company’s stock valued at $35,708,000 after acquiring an additional 3,047 shares during the last quarter.

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.