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

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) shares reached a new 52-week high on Wednesday . The stock 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 business has a 50-day simple moving average of $109.62 and a 200-day simple moving average of $106.45. The stock has a market cap of $26.87 billion, a P/E ratio of 20.41 and a beta of 0.83.

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

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Motco acquired a new position in iShares Core S&P U.S. Value ETF during the 4th quarter worth $29,000. FAS Wealth Partners Inc. bought a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter worth about $29,000. Ransom Advisory Ltd bought a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $35,000. Finally, Motiv8 Investments LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF during the 4th quarter worth about $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.