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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in iShares Core S&P U.S. Growth ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 12,213 shares of the company’s stock worth $1,702,000 after buying an additional 199 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in iShares Core S&P U.S. Growth ETF by 35.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 110,110 shares of the company’s stock worth $13,993,000 after buying an additional 28,807 shares during the last quarter. Marshall Wace LLP purchased a new position in iShares Core S&P U.S. Growth ETF during the 2nd quarter worth approximately $1,994,000. NewEdge Advisors LLC grew its stake in iShares Core S&P U.S. Growth ETF by 4.4% during the 2nd quarter. NewEdge Advisors LLC now owns 44,097 shares of the company’s stock worth $6,632,000 after buying an additional 1,842 shares during the last quarter. Finally, Alliancebernstein L.P. grew its stake in iShares Core S&P U.S. Growth ETF by 1.3% during the 2nd quarter. Alliancebernstein L.P. now owns 237,423 shares of the company’s stock worth $35,708,000 after buying an additional 3,047 shares during the last quarter.

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

Shares of IUSG traded up $1.00 during mid-day trading on Monday, reaching $192.62. The company’s stock had a trading volume of 510,068 shares, compared to its average volume of 853,422. iShares Core S&P U.S. Growth ETF has a 12-month low of $140.77 and a 12-month high of $192.88. The stock has a market cap of $32.63 billion, a PE ratio of 32.52 and a beta of 1.16. The company’s 50 day moving average is $173.38 and its 200 day moving average is $169.01.

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

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

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.