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

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

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Intrua Financial LLC purchased a new position in iShares Core S&P U.S. Growth ETF in the 3rd quarter worth approximately $566,000. Private Advisor Group LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 4.1% during the 3rd quarter. Private Advisor Group LLC now owns 213,270 shares of the company’s stock valued at $35,092,000 after buying an additional 8,487 shares during the last quarter. Tudor Investment Corp ET AL purchased a new position in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter valued at approximately $1,069,000. Allspring Global Investments Holdings LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 186.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 19,107 shares of the company’s stock valued at $3,213,000 after buying an additional 12,436 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 3.1% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 131,863 shares of the company’s stock valued at $21,697,000 after buying an additional 3,945 shares during the last quarter.

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

IUSG traded down $2.96 on Friday, reaching $186.68. 590,948 shares of the company’s stock were exchanged, compared to its average volume of 892,846. The company’s 50 day moving average is $168.34 and its 200-day moving average is $167.70. The company has a market cap of $31.62 billion, a price-to-earnings ratio of 32.52 and a beta of 1.16. iShares Core S&P U.S. Growth ETF has a twelve month low of $137.88 and a twelve month high of $189.93.

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

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

About iShares Core S&P U.S. Growth ETF

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.