iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Short Interest Update

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSGGet Free Report) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totaling 169,792 shares, a decrease of 13.6% from the March 15th total of 196,425 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,501,398 shares, the short-interest ratio is presently 0.1 days.

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

Shares of IUSG stock traded up $2.50 during midday trading on Friday, reaching $175.69. 1,762,384 shares of the company were exchanged, compared to its average volume of 972,549. The company’s 50 day moving average price is $162.59 and its two-hundred day moving average price is $165.70. The company has a market cap of $29.56 billion, a P/E ratio of 32.52 and a beta of 1.14. iShares Core S&P U.S. Growth ETF has a 12 month low of $116.51 and a 12 month high of $176.15.

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 institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of iShares Core S&P U.S. Growth ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock valued at $1,702,000 after buying an additional 199 shares during the period. Goldman Sachs Group Inc. grew its holdings 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 worth $13,993,000 after acquiring an additional 28,807 shares during the period. Marshall Wace LLP bought a new stake in iShares Core S&P U.S. Growth ETF in the second quarter worth about $1,994,000. NewEdge Advisors LLC raised its position in iShares Core S&P U.S. Growth ETF by 4.4% in the second quarter. NewEdge Advisors LLC now owns 44,097 shares of the company’s stock worth $6,632,000 after acquiring an additional 1,842 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in iShares Core S&P U.S. Growth ETF by 1.3% in the 2nd 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

(Get Free Report)

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.

Further Reading

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