iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Sees Significant Decline in Short Interest

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) was the target of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 155,200 shares, a decline of 31.3% from the November 15th total of 225,900 shares. Based on an average daily volume of 418,800 shares, the short-interest ratio is currently 0.4 days.

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

NASDAQ IUSG traded up $0.24 on Friday, reaching $143.44. The stock had a trading volume of 457,038 shares, compared to its average volume of 431,230. The business’s 50-day moving average price is $136.76 and its 200 day moving average price is $130.25. The stock has a market cap of $21.39 billion, a P/E ratio of 27.75 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a 12-month low of $100.72 and a 12-month high of $144.42.

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

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a $0.2513 dividend. The ex-dividend date was Wednesday, September 25th.

Hedge Funds Weigh In On iShares Core S&P U.S. Growth ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Gradient Investments LLC grew its holdings in iShares Core S&P U.S. Growth ETF by 980.3% during the 2nd quarter. Gradient Investments LLC now owns 659 shares of the company’s stock valued at $84,000 after buying an additional 598 shares during the last quarter. WealthCare Investment Partners LLC grew its stake in iShares Core S&P U.S. Growth ETF by 13.2% in the 2nd quarter. WealthCare Investment Partners LLC now owns 2,797 shares of the company’s stock worth $357,000 after acquiring an additional 326 shares during the period. Tennessee Valley Asset Management Partners raised its holdings in iShares Core S&P U.S. Growth ETF by 3.3% in the 2nd quarter. Tennessee Valley Asset Management Partners now owns 399,874 shares of the company’s stock valued at $50,976,000 after acquiring an additional 12,861 shares during the last quarter. Hoxton Planning & Management LLC lifted its stake in shares of iShares Core S&P U.S. Growth ETF by 4.3% during the 2nd quarter. Hoxton Planning & Management LLC now owns 5,110 shares of the company’s stock worth $651,000 after purchasing an additional 209 shares during the period. Finally, Garrett Wealth Advisory Group LLC acquired a new stake in shares of iShares Core S&P U.S. Growth ETF during the second quarter worth $478,000.

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.