iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) Short Interest Up 65.2% in December

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 126,200 shares, a growth of 65.2% from the December 15th total of 76,400 shares. Based on an average daily trading volume, of 473,400 shares, the short-interest ratio is currently 0.3 days.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cerity Partners LLC boosted its position in shares of iShares Core S&P U.S. Growth ETF by 124.9% during the third quarter. Cerity Partners LLC now owns 9,014 shares of the company’s stock worth $1,189,000 after buying an additional 5,006 shares during the period. Foundations Investment Advisors LLC bought a new stake in iShares Core S&P U.S. Growth ETF in the 3rd quarter valued at approximately $278,000. JPMorgan Chase & Co. boosted its position in iShares Core S&P U.S. Growth ETF by 6.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,339,301 shares of the company’s stock worth $176,667,000 after acquiring an additional 76,917 shares during the last quarter. Orion Portfolio Solutions LLC grew its stake in shares of iShares Core S&P U.S. Growth ETF by 5.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 10,711 shares of the company’s stock worth $1,413,000 after acquiring an additional 513 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of iShares Core S&P U.S. Growth ETF by 7.9% in the second quarter. Mercer Global Advisors Inc. ADV now owns 22,776 shares of the company’s stock valued at $2,907,000 after purchasing an additional 1,675 shares during the last quarter.

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

IUSG traded up $1.80 during trading on Friday, reaching $142.56. The company had a trading volume of 160,895 shares, compared to its average volume of 590,295. The company has a market cap of $21.53 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 $104.61 and a 12 month high of $145.11. The business’s fifty day moving average price is $140.34 and its 200 day moving average price is $132.96.

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

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.254 dividend. This is a boost 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.