iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Hits New 52-Week High – Here’s What Happened

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) reached a new 52-week high on Thursday . The stock traded as high as $109.21 and last traded at $109.21, with a volume of 217809 shares trading hands. The stock had previously closed at $108.71.

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

The company has a market capitalization of $25.59 billion, a PE ratio of 20.41 and a beta of 0.83. The company has a 50 day moving average of $104.92 and a two-hundred day moving average of $104.20.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.3925 per share. This represents a $1.57 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, March 17th.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Auto Owners Insurance Co lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 15,983.5% during the 4th quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock valued at $13,896,102,000 after buying an additional 138,097,020 shares during the period. Bank of America Corp DE grew its holdings in shares of iShares Core S&P U.S. Value ETF by 7.8% in the third quarter. Bank of America Corp DE now owns 80,233,541 shares of the company’s stock worth $8,019,342,000 after acquiring an additional 5,830,890 shares during the period. Valpey Financial Services LLC increased its position in iShares Core S&P U.S. Value ETF by 10,060.9% during the fourth quarter. Valpey Financial Services LLC now owns 2,962,216 shares of the company’s stock valued at $303,746,000 after acquiring an additional 2,933,063 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in iShares Core S&P U.S. Value ETF by 455.2% in the fourth quarter. Venturi Wealth Management LLC now owns 1,297,346 shares of the company’s stock valued at $133,030,000 after acquiring an additional 1,063,672 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its position in iShares Core S&P U.S. Value ETF by 8,501.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 695,290 shares of the company’s stock worth $71,295,000 after purchasing an additional 687,207 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.