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

iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 233,058 shares, a drop of 23.8% from the February 12th total of 305,848 shares. Based on an average daily volume of 530,387 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 530,387 shares, the short-interest ratio is currently 0.4 days.

iShares Core S&P U.S. Growth ETF Stock Up 1.3%

IUSG stock traded up $2.01 during trading on Monday, reaching $161.82. The stock had a trading volume of 782,232 shares, compared to its average volume of 836,247. The company has a market capitalization of $26.34 billion, a price-to-earnings ratio of 32.52 and a beta of 1.11. iShares Core S&P U.S. Growth ETF has a one year low of $108.91 and a one year high of $172.33. The company’s 50 day moving average is $166.48 and its two-hundred day moving average is $165.83.

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

Institutional investors have recently modified their holdings of the business. Valpey Financial Services LLC boosted its position in iShares Core S&P U.S. Growth ETF by 16,640.2% in the fourth quarter. Valpey Financial Services LLC now owns 3,525,312 shares of the company’s stock worth $592,041,000 after purchasing an additional 3,504,253 shares during the last quarter. Bank of America Corp DE grew its stake in iShares Core S&P U.S. Growth ETF by 4.4% in the 4th quarter. Bank of America Corp DE now owns 43,507,215 shares of the company’s stock valued at $7,306,602,000 after purchasing an additional 1,853,499 shares during the period. SHP Wealth Management purchased a new stake in shares of iShares Core S&P U.S. Growth ETF during the 4th quarter valued at $78,328,000. Tennessee Valley Asset Management Partners bought a new stake in shares of iShares Core S&P U.S. Growth ETF during the 3rd quarter worth $56,521,000. Finally, Kestra Investment Management LLC raised its stake in shares of iShares Core S&P U.S. Growth ETF by 40.5% during the 4th quarter. Kestra Investment Management LLC now owns 1,131,808 shares of the company’s stock worth $190,076,000 after purchasing an additional 326,483 shares during the period.

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.