iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 52-Week High – Should You Buy?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) shares hit a new 52-week high on Thursday . The company traded as high as $108.30 and last traded at $108.25, with a volume of 557119 shares traded. The stock had previously closed at $106.96.

iShares Core S&P U.S. Value ETF Trading Up 1.3%

The stock’s 50 day moving average price is $104.62 and its two-hundred day moving average price is $103.61. The firm has a market capitalization of $25.63 billion, a PE ratio of 20.41 and a beta of 0.86.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a dividend of $0.3925 per share. This represents a $1.57 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, March 17th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of IUSV. Aspiriant LLC boosted its position in iShares Core S&P U.S. Value ETF by 0.7% during the third quarter. Aspiriant LLC now owns 3,600,340 shares of the company’s stock worth $359,854,000 after acquiring an additional 24,162 shares during the last quarter. High Probability Advisors LLC boosted its position in iShares Core S&P U.S. Value ETF by 3.0% during the fourth quarter. High Probability Advisors LLC now owns 171,585 shares of the company’s stock worth $17,594,000 after acquiring an additional 4,956 shares during the last quarter. Ameritas Advisory Services LLC boosted its position in iShares Core S&P U.S. Value ETF by 62.9% during the third quarter. Ameritas Advisory Services LLC now owns 127,097 shares of the company’s stock worth $12,703,000 after acquiring an additional 49,099 shares during the last quarter. Benjamin Edwards Inc. boosted its position in iShares Core S&P U.S. Value ETF by 6.1% during the third quarter. Benjamin Edwards Inc. now owns 1,074,596 shares of the company’s stock worth $107,409,000 after acquiring an additional 61,579 shares during the last quarter. Finally, Salus Financial Advisors LLC boosted its position in iShares Core S&P U.S. Value ETF by 3.0% during the third quarter. Salus Financial Advisors LLC now owns 203,058 shares of the company’s stock worth $20,296,000 after acquiring an additional 5,892 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.