iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 1-Year High – What’s Next?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $102.65 and last traded at $102.59, with a volume of 61349 shares traded. The stock had previously closed at $102.10.

iShares Core S&P U.S. Value ETF Trading Up 0.6%

The business’s 50 day moving average price is $99.91 and its two-hundred day moving average price is $96.20. The stock has a market cap of $23.88 billion, a P/E ratio of 20.41 and a beta of 0.90.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.4714 per share. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43. The ex-dividend date was Tuesday, September 16th. This represents a $1.89 dividend on an annualized basis and a dividend yield of 1.8%.

Institutional Investors Weigh In On iShares Core S&P U.S. Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new stake in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter valued at $25,000. Elevation Point Wealth Partners LLC bought a new stake in iShares Core S&P U.S. Value ETF during the second quarter worth about $26,000. Smithfield Trust Co purchased a new stake in iShares Core S&P U.S. Value ETF in the second quarter worth about $27,000. Capital A Wealth Management LLC grew its holdings in iShares Core S&P U.S. Value ETF by 571.7% in the first quarter. Capital A Wealth Management LLC now owns 403 shares of the company’s stock worth $37,000 after purchasing an additional 343 shares during the period. Finally, Headlands Technologies LLC increased its stake in shares of iShares Core S&P U.S. Value ETF by 520.3% during the second quarter. Headlands Technologies LLC now owns 428 shares of the company’s stock valued at $41,000 after purchasing an additional 359 shares in the last quarter.

iShares Core S&P U.S. Value ETF Company Profile

The iShares Core S&P U.S. Value ETF (IUSV) is an exchange-traded fund that is based on the S&P 900 Value index. The fund tracks an index of large- and mid-cap value stocks in the US. The index selects from stocks ranked 1-3000 by market-cap based on 3 value factors. IUSV was launched on Jul 24, 2000 and is managed by BlackRock.