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 drop in short interest during the month of May. As of May 15th, there was short interest totaling 188,881 shares, a drop of 46.9% from the April 30th total of 355,976 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 586,557 shares, the days-to-cover ratio is presently 0.3 days.

iShares Core S&P U.S. Growth ETF Stock Up 0.5%

NASDAQ:IUSG traded up $1.00 during mid-day trading on Monday, reaching $192.62. 510,068 shares of the stock were exchanged, compared to its average volume of 853,422. The company has a 50 day simple moving average of $173.38 and a 200-day simple moving average of $169.01. The stock has a market capitalization of $32.63 billion, a P/E ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a 1 year low of $140.77 and a 1 year high of $192.88.

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

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Imprint Wealth LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the third quarter valued at approximately $25,000. Realta Investment Advisors boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 627.3% in the fourth quarter. Realta Investment Advisors now owns 160 shares of the company’s stock valued at $27,000 after buying an additional 138 shares in the last quarter. Financial Life Planners purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the third quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter valued at approximately $34,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of iShares Core S&P U.S. Growth ETF in the first quarter valued at approximately $34,000.

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.