iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 12-Month High – Should You Buy?

Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) reached a new 52-week high during trading on Tuesday . The stock traded as high as $101.23 and last traded at $100.86, with a volume of 512092 shares trading hands. The stock had previously closed at $100.62.

iShares Core S&P U.S. Value ETF Stock Up 0.2%

The firm has a market capitalization of $23.07 billion, a price-to-earnings ratio of 20.41 and a beta of 0.95. The company’s 50 day moving average is $98.12 and its 200 day moving average is $93.82.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a dividend of $0.4714 per share. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43. This represents a $1.89 dividend on an annualized basis and a yield of 1.9%.

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

A number of large investors have recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 9,128.8% in the first quarter. GAMMA Investing LLC now owns 19,565 shares of the company’s stock worth $1,806,000 after acquiring an additional 19,353 shares during the last quarter. NBC Securities Inc. bought a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter worth about $55,000. Centricity Wealth Management LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 1.3% in the first quarter. Centricity Wealth Management LLC now owns 25,398 shares of the company’s stock worth $2,344,000 after acquiring an additional 337 shares during the last quarter. Daymark Wealth Partners LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 26.3% in the first quarter. Daymark Wealth Partners LLC now owns 3,610 shares of the company’s stock worth $333,000 after acquiring an additional 752 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 14.9% in the first quarter. Farther Finance Advisors LLC now owns 21,061 shares of the company’s stock worth $1,941,000 after acquiring an additional 2,727 shares during 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.