iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Short Interest Down 15.7% in March

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) was the recipient of a large drop in short interest in March. As of March 13th, there was short interest totaling 196,425 shares, a drop of 15.7% from the February 26th total of 233,058 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,036,712 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Rockefeller Capital Management L.P. grew its holdings in shares of iShares Core S&P U.S. Growth ETF by 34.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 175,404 shares of the company’s stock valued at $29,457,000 after purchasing an additional 45,059 shares during the last quarter. Corient Private Wealth LLC lifted its stake in iShares Core S&P U.S. Growth ETF by 35.5% in the 4th quarter. Corient Private Wealth LLC now owns 353,947 shares of the company’s stock valued at $59,456,000 after purchasing an additional 92,774 shares during the last quarter. Worthington Financial Partners LLC bought a new position in iShares Core S&P U.S. Growth ETF in the 4th quarter valued at approximately $1,536,000. Pure Financial Advisors LLC acquired a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at approximately $203,000. Finally, SHP Wealth Management acquired a new stake in iShares Core S&P U.S. Growth ETF in the fourth quarter valued at approximately $78,328,000.

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

iShares Core S&P U.S. Growth ETF stock opened at $150.35 on Monday. iShares Core S&P U.S. Growth ETF has a 52 week low of $108.91 and a 52 week high of $172.33. The stock has a market capitalization of $24.48 billion, a P/E ratio of 32.52 and a beta of 1.11. The stock has a fifty day moving average of $164.08 and a 200-day moving average of $165.78.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a $0.1752 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Tuesday, March 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.