iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 1-Year High – What’s Next?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) shares reached a new 52-week high during trading on Wednesday. The stock traded as high as $117.20 and last traded at $116.9970, with a volume of 53,632 shares. The stock had previously closed at $115.30.

iShares Core S&P U.S. Value ETF Trading Up 1.9%

The firm has a market capitalization of $28.87 billion, a P/E ratio of 21.93 and a beta of 0.84. The stock has a 50-day simple moving average of $113.52 and a two-hundred day simple moving average of $109.59.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $0.4911 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 1.7%. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.4504. The ex-dividend date of this dividend was Tuesday, September 15th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kings Path Partners LLC bought a new stake in shares of iShares Core S&P U.S. Value ETF in the 3rd quarter valued at about $27,000. FAS Wealth Partners Inc. purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the 1st quarter worth approximately $29,000. Bell Investment Advisors Inc lifted its position in shares of iShares Core S&P U.S. Value ETF by 45.3% in the 3rd quarter. Bell Investment Advisors Inc now owns 375 shares of the company’s stock worth $41,000 after purchasing an additional 117 shares during the period. Creative Capital Management Investments LLC bought a new position in shares of iShares Core S&P U.S. Value ETF during the third quarter valued at approximately $45,000. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares Core S&P U.S. Value ETF during the first quarter valued at approximately $48,000.

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.