Short Interest in iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Declines By 60.6%

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 59,000 shares, a drop of 60.6% from the February 13th total of 149,600 shares. Based on an average trading volume of 544,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Investors 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. Tableaux LLC bought a new stake in shares of iShares Core S&P U.S. Growth ETF in the 4th quarter worth $205,000. Wood Tarver Financial Group LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter worth about $36,000. Brooklyn FI LLC purchased a new stake in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at about $238,000. Carolinas Wealth Consulting LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 3.0% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 5,527 shares of the company’s stock worth $770,000 after buying an additional 159 shares in the last quarter. Finally, Integrated Advisors Network LLC boosted its stake in shares of iShares Core S&P U.S. Growth ETF by 44.4% in the 4th quarter. Integrated Advisors Network LLC now owns 25,197 shares of the company’s stock worth $3,511,000 after buying an additional 7,743 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Stock Up 2.4 %

IUSG stock traded up $3.08 during mid-day trading on Friday, reaching $129.94. 2,152,135 shares of the company traded hands, compared to its average volume of 637,448. The stock has a market cap of $19.59 billion, a price-to-earnings ratio of 29.39 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $109.63 and a fifty-two week high of $146.99. The firm’s 50 day moving average price is $140.52 and its 200 day moving average price is $136.79.

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

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

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.