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

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

iShares Core S&P U.S. Value ETF Trading Up 1.2%

The firm has a market cap of $28.10 billion, a P/E ratio of 20.41 and a beta of 0.83. The business has a 50-day moving average price of $111.91 and a 200-day moving average price of $108.31.

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

The firm also recently disclosed 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 dividend on an annualized basis 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. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Prudent Investors Network Inc. boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 1.7% in the 4th quarter. Prudent Investors Network Inc. now owns 5,673 shares of the company’s stock valued at $582,000 after buying an additional 96 shares in the last quarter. CBIZ Investment Advisory Services LLC lifted its position in iShares Core S&P U.S. Value ETF by 8.1% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 1,329 shares of the company’s stock valued at $136,000 after acquiring an additional 100 shares during the last quarter. Litman Gregory Wealth Management LLC boosted its stake in iShares Core S&P U.S. Value ETF by 0.8% in the fourth quarter. Litman Gregory Wealth Management LLC now owns 13,253 shares of the company’s stock valued at $1,359,000 after acquiring an additional 100 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of iShares Core S&P U.S. Value ETF by 2.1% during the fourth quarter. Parallel Advisors LLC now owns 4,861 shares of the company’s stock worth $499,000 after purchasing an additional 101 shares during the last quarter. Finally, Intrua Financial LLC increased its position in shares of iShares Core S&P U.S. Value ETF by 2.8% during the first quarter. Intrua Financial LLC now owns 3,681 shares of the company’s stock worth $376,000 after purchasing an additional 101 shares in 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.