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

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) reached a new 52-week high during trading on Wednesday . The company traded as high as $112.48 and last traded at $111.82, with a volume of 949970 shares traded. The stock had previously closed at $111.90.

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

The firm’s 50 day moving average price is $109.62 and its two-hundred day moving average price is $106.45. The firm has a market capitalization of $26.87 billion, a PE ratio of 20.41 and a beta of 0.83.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.4504 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.6%. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date was Monday, June 15th.

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

Hedge funds have recently bought and sold shares of the business. FAS Wealth Partners Inc. acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 1st quarter worth approximately $29,000. Motco acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the fourth quarter valued at $29,000. Ransom Advisory Ltd acquired a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter valued at approximately $31,000. Motiv8 Investments LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 4th quarter valued at $35,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Core S&P U.S. Value ETF in the 4th quarter worth approximately $35,000.

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.