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

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 224,600 shares, an increase of 71.6% from the May 31st total of 130,900 shares. Based on an average daily trading volume, of 409,100 shares, the days-to-cover ratio is currently 0.5 days.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Chicago Partners Investment Group LLC boosted its stake in iShares Core S&P U.S. Growth ETF by 0.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 16,590 shares of the company’s stock worth $1,798,000 after purchasing an additional 92 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF by 0.9% during the first quarter. Oppenheimer & Co. Inc. now owns 10,059 shares of the company’s stock worth $1,179,000 after acquiring an additional 92 shares during the last quarter. FinTrust Capital Advisors LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 9.4% during the fourth quarter. FinTrust Capital Advisors LLC now owns 1,094 shares of the company’s stock worth $114,000 after acquiring an additional 94 shares during the last quarter. FAS Wealth Partners Inc. raised its position in shares of iShares Core S&P U.S. Growth ETF by 41.4% during the first quarter. FAS Wealth Partners Inc. now owns 376 shares of the company’s stock worth $44,000 after acquiring an additional 110 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its position in shares of iShares Core S&P U.S. Growth ETF by 0.4% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 29,028 shares of the company’s stock worth $3,022,000 after acquiring an additional 111 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Trading Down 0.8 %

IUSG stock traded down $0.98 during trading on Friday, hitting $127.48. The company had a trading volume of 274,324 shares, compared to its average volume of 459,996. The company has a fifty day moving average price of $120.69 and a two-hundred day moving average price of $114.26. The company has a market cap of $18.59 billion, a P/E ratio of 27.75 and a beta of 1.06. iShares Core S&P U.S. Growth ETF has a fifty-two week low of $90.71 and a fifty-two week high of $129.70.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a $0.1445 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date was Tuesday, June 11th.

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.