iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Hits New 1-Year High at $93.08

Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) hit a new 52-week high on Thursday . The company traded as high as $93.08 and last traded at $92.67, with a volume of 72198 shares changing hands. The stock had previously closed at $92.76.

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

The company has a market cap of $18.43 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95. The business has a fifty day moving average price of $89.72 and a 200 day moving average price of $88.45.

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

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a $0.4205 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date of this dividend was Tuesday, June 11th.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Canandaigua National Bank & Trust Co. bought a new stake in iShares Core S&P U.S. Value ETF in the second quarter valued at $57,066,000. LPL Financial LLC raised its stake in iShares Core S&P U.S. Value ETF by 5.2% during the 2nd quarter. LPL Financial LLC now owns 12,934,444 shares of the company’s stock worth $1,139,913,000 after buying an additional 637,572 shares during the period. Corient Private Wealth LLC boosted its holdings in iShares Core S&P U.S. Value ETF by 675.1% in the fourth quarter. Corient Private Wealth LLC now owns 699,481 shares of the company’s stock worth $58,987,000 after acquiring an additional 609,238 shares in the last quarter. Jones Financial Companies Lllp grew its stake in iShares Core S&P U.S. Value ETF by 14.5% in the fourth quarter. Jones Financial Companies Lllp now owns 2,730,186 shares of the company’s stock valued at $230,237,000 after acquiring an additional 345,707 shares during the period. Finally, Aspiriant LLC grew its stake in iShares Core S&P U.S. Value ETF by 13.5% in the first quarter. Aspiriant LLC now owns 2,755,107 shares of the company’s stock valued at $249,174,000 after acquiring an additional 328,238 shares during the period.

About iShares Core S&P U.S. Value ETF

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.