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

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 355,976 shares, a growth of 122.4% from the April 15th total of 160,071 shares. Based on an average trading volume of 723,607 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Imprint Wealth LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the third quarter valued at about $25,000. Realta Investment Advisors raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 627.3% in the fourth quarter. Realta Investment Advisors now owns 160 shares of the company’s stock worth $27,000 after buying an additional 138 shares during the last quarter. Financial Life Planners purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the third quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth $34,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the first quarter worth $34,000.

iShares Core S&P U.S. Growth ETF Stock Down 1.6%

NASDAQ:IUSG opened at $186.68 on Friday. The firm has a 50 day moving average of $168.34 and a 200 day moving average of $167.72. iShares Core S&P U.S. Growth ETF has a 52 week low of $137.88 and a 52 week high of $189.93. The stock has a market capitalization 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 Cuts Dividend

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

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.