iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Significant Decrease in Short Interest

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 169,792 shares, a drop of 13.6% from the March 15th total of 196,425 shares. Based on an average daily volume of 1,501,398 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IUSG. Imprint Wealth LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at approximately $25,000. Financial Life Planners purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter worth $27,000. Realta Investment Advisors lifted its position in shares of iShares Core S&P U.S. Growth ETF by 627.3% during the 4th quarter. Realta Investment Advisors now owns 160 shares of the company’s stock worth $27,000 after purchasing an additional 138 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter worth $34,000. Finally, Evolution Wealth Management Inc. lifted its position in shares of iShares Core S&P U.S. Growth ETF by 53.0% during the 3rd quarter. Evolution Wealth Management Inc. now owns 228 shares of the company’s stock worth $38,000 after purchasing an additional 79 shares during the last quarter.

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

iShares Core S&P U.S. Growth ETF stock opened at $175.69 on Friday. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $116.51 and a fifty-two week high of $176.15. The firm has a 50 day moving average price of $162.59 and a 200 day moving average price of $165.71. The company has a market capitalization of $29.56 billion, a PE ratio of 32.52 and a beta of 1.14.

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. Investors of record on Tuesday, March 17th were issued a $0.1752 dividend. This represents a $0.70 annualized dividend and a yield of 0.4%. The ex-dividend date was Tuesday, March 17th.

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.