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

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $105.53 and last traded at $105.43, with a volume of 24504 shares traded. The stock had previously closed at $105.27.

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

The company has a market cap of $24.70 billion, a P/E ratio of 20.41 and a beta of 0.90. The firm’s 50 day moving average price is $102.71 and its two-hundred day moving average price is $99.82.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $0.5515 dividend. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47. This represents a $2.21 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Tuesday, December 16th.

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

Several institutional investors have recently bought and sold shares of the stock. Evolution Wealth Management Inc. bought a new stake in iShares Core S&P U.S. Value ETF in the 2nd quarter worth $25,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of iShares Core S&P U.S. Value ETF during the second quarter worth about $26,000. Smithfield Trust Co bought a new stake in shares of iShares Core S&P U.S. Value ETF in the second quarter worth about $27,000. Ransom Advisory Ltd purchased a new position in iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $31,000. Finally, Headlands Technologies LLC raised its position in iShares Core S&P U.S. Value ETF by 520.3% during the 2nd quarter. Headlands Technologies LLC now owns 428 shares of the company’s stock valued at $41,000 after purchasing an additional 359 shares during the last quarter.

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.