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

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 225,900 shares, a growth of 15.3% from the October 31st total of 195,900 shares. Based on an average daily trading volume, of 430,500 shares, the days-to-cover ratio is currently 0.5 days.

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

Large investors have recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. purchased a new stake in iShares Core S&P U.S. Growth ETF during the 1st quarter valued at $363,000. LRI Investments LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the 1st quarter worth about $34,000. Quent Capital LLC raised its position in iShares Core S&P U.S. Growth ETF by 4.4% in the 2nd quarter. Quent Capital LLC now owns 76,639 shares of the company’s stock worth $9,770,000 after buying an additional 3,255 shares during the last quarter. Mather Group LLC. lifted its stake in iShares Core S&P U.S. Growth ETF by 251.4% during the 2nd quarter. Mather Group LLC. now owns 390 shares of the company’s stock valued at $46,000 after acquiring an additional 279 shares during the period. Finally, ZRC Wealth Management LLC boosted its holdings in shares of iShares Core S&P U.S. Growth ETF by 0.5% during the 2nd quarter. ZRC Wealth Management LLC now owns 118,980 shares of the company’s stock valued at $15,168,000 after acquiring an additional 636 shares during the last quarter.

iShares Core S&P U.S. Growth ETF Stock Up 0.9 %

Shares of NASDAQ:IUSG traded up $1.20 during midday trading on Friday, reaching $139.00. The company’s stock had a trading volume of 162,381 shares, compared to its average volume of 434,420. The firm has a 50 day moving average of $134.51 and a 200-day moving average of $128.78. The firm has a market capitalization of $20.73 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 $99.67 and a 12-month high of $139.76.

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

The business also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a $0.2513 dividend. The ex-dividend date was Wednesday, September 25th.

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.