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

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) was the target of a significant drop in short interest during the month of 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. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 544,000 shares, the short-interest ratio is presently 0.1 days.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Cerity Partners LLC lifted its position in shares of iShares Core S&P U.S. Growth ETF by 124.9% during the 3rd quarter. Cerity Partners LLC now owns 9,014 shares of the company’s stock valued at $1,189,000 after buying an additional 5,006 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares Core S&P U.S. Growth ETF by 6.1% during the third quarter. JPMorgan Chase & Co. now owns 1,339,301 shares of the company’s stock worth $176,667,000 after purchasing an additional 76,917 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of iShares Core S&P U.S. Growth ETF by 83.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 9,164 shares of the company’s stock worth $1,280,000 after purchasing an additional 4,172 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of iShares Core S&P U.S. Growth ETF in the fourth quarter worth about $83,000. Finally, Orion Portfolio Solutions LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 5.0% in the third quarter. Orion Portfolio Solutions LLC now owns 10,711 shares of the company’s stock valued at $1,413,000 after purchasing an additional 513 shares during the period.

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

IUSG stock traded up $3.08 during mid-day trading on Friday, hitting $129.94. The company had a trading volume of 2,152,135 shares, compared to its average volume of 637,448. iShares Core S&P U.S. Growth ETF has a 12 month low of $109.63 and a 12 month high of $146.99. The stock’s fifty day moving average price is $140.52 and its two-hundred day moving average price is $136.79. The firm has a market cap of $19.59 billion, a PE ratio of 29.39 and a beta of 1.06.

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

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

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.