Short Interest in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Expands By 65.2%

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 126,200 shares, a growth of 65.2% from the December 15th total of 76,400 shares. Based on an average daily volume of 473,400 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Hershey Financial Advisers LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the second quarter valued at about $25,000. Venturi Wealth Management LLC grew its position in shares of iShares Core S&P U.S. Growth ETF by 460.0% during the 3rd quarter. Venturi Wealth Management LLC now owns 252 shares of the company’s stock worth $33,000 after buying an additional 207 shares during the period. Mogy Joel R Investment Counsel Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF by 316.7% in the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 250 shares of the company’s stock valued at $35,000 after acquiring an additional 190 shares during the period. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at approximately $37,000. Finally, Global Wealth Strategies & Associates boosted its stake in iShares Core S&P U.S. Growth ETF by 113.3% during the 4th quarter. Global Wealth Strategies & Associates now owns 320 shares of the company’s stock worth $45,000 after acquiring an additional 170 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Trading Up 1.6 %

Shares of iShares Core S&P U.S. Growth ETF stock traded up $2.19 during trading on Friday, reaching $142.95. The company’s stock had a trading volume of 261,129 shares, compared to its average volume of 605,392. iShares Core S&P U.S. Growth ETF has a one year low of $104.61 and a one year high of $145.11. The stock has a 50-day moving average price of $140.34 and a two-hundred day moving average price of $132.96. The stock has a market capitalization of $21.59 billion, a P/E ratio of 27.75 and a beta of 1.06.

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

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.254 dividend. This is a boost from iShares Core S&P U.S. Growth ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, December 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.