iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Hits New 1-Year High – Time to Buy?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) reached a new 52-week high on Tuesday . The company traded as high as $110.69 and last traded at $110.67, with a volume of 17237 shares changing hands. The stock had previously closed at $110.35.

iShares Core S&P U.S. Value ETF Stock Up 0.1%

The business has a fifty day simple moving average of $105.54 and a two-hundred day simple moving average of $104.57. The company has a market capitalization of $26.14 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83.

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. Shareholders of record on Tuesday, March 17th were issued a dividend of $0.3925 per share. This represents a $1.57 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, March 17th.

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

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