iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Hits New 12-Month High – Time to Buy?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $115.77 and last traded at $115.74, with a volume of 47871 shares trading hands. The stock had previously closed at $114.66.

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

The firm has a fifty day moving average price of $111.91 and a two-hundred day moving average price of $108.31. The stock has a market capitalization of $28.10 billion, a PE ratio of 20.41 and a beta of 0.83.

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

The business 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. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.80 annualized dividend and a yield of 1.6%. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39.

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. Motco purchased a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter worth approximately $29,000. FAS Wealth Partners Inc. purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the first quarter valued at approximately $29,000. Motiv8 Investments LLC purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the fourth quarter valued at approximately $35,000. Physician Wealth Advisors Inc. purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the first quarter valued at approximately $36,000. Finally, Garton & Associates Financial Advisors LLC bought a new position in iShares Core S&P U.S. Value ETF in the fourth quarter worth approximately $37,000.

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.