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 target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 91,810 shares, a decrease of 39.3% from the November 30th total of 151,254 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 458,367 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 458,367 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

iShares Core S&P U.S. Growth ETF Trading Down 0.2%

IUSG stock traded down $0.30 during trading on Tuesday, reaching $169.21. The stock had a trading volume of 453,983 shares, compared to its average volume of 513,896. iShares Core S&P U.S. Growth ETF has a 52 week low of $108.91 and a 52 week high of $172.33. The firm has a market cap of $26.08 billion, a PE ratio of 32.52 and a beta of 1.11. The stock’s 50 day moving average is $167.50 and its two-hundred day moving average is $160.67.

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

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $0.2627 per share. This is a positive change from iShares Core S&P U.S. Growth ETF’s previous quarterly dividend of $0.25. The ex-dividend date was Tuesday, December 16th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.6%.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Merit Financial Group LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 37.3% in the second quarter. Merit Financial Group LLC now owns 1,539,575 shares of the company’s stock worth $231,552,000 after acquiring an additional 418,656 shares during the period. Bank of America Corp DE lifted its stake in shares of 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 valued at $6,536,996,000 after purchasing an additional 348,725 shares during the last quarter. Tennessee Valley Asset Management Partners purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter worth approximately $56,521,000. SCS Capital Management LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the first quarter worth $28,614,000. Finally, Atlantic Union Bankshares Corp increased its position in iShares Core S&P U.S. Growth ETF by 9,508.6% during the second quarter. Atlantic Union Bankshares Corp now owns 223,016 shares of the company’s stock valued at $33,542,000 after acquiring an additional 220,695 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.