iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Reaches New 12-Month High – Here’s What Happened

Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) reached a new 52-week high during trading on Thursday . The company traded as high as $109.21 and last traded at $109.21, with a volume of 217809 shares. The stock had previously closed at $108.71.

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

The firm has a market cap of $25.79 billion, a PE ratio of 20.41 and a beta of 0.83. The stock’s 50 day simple moving average is $104.85 and its 200 day simple moving average is $104.12.

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

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

Hedge Funds Weigh In On iShares Core S&P U.S. Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Prudent Investors Network Inc. grew its stake in 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 worth $582,000 after buying an additional 96 shares in the last quarter. MFA Wealth Services grew its stake in iShares Core S&P U.S. Value ETF by 0.4% in the 4th quarter. MFA Wealth Services now owns 23,848 shares of the company’s stock worth $2,445,000 after buying an additional 98 shares in the last quarter. CBIZ Investment Advisory Services LLC grew its stake in iShares Core S&P U.S. Value ETF by 8.1% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 1,329 shares of the company’s stock worth $136,000 after buying an additional 100 shares in the last quarter. Litman Gregory Wealth Management LLC grew its stake in iShares Core S&P U.S. Value ETF by 0.8% in the 4th quarter. Litman Gregory Wealth Management LLC now owns 13,253 shares of the company’s stock worth $1,359,000 after buying an additional 100 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in shares of iShares Core S&P U.S. Value ETF by 2.1% in the 4th quarter. Parallel Advisors LLC now owns 4,861 shares of the company’s stock valued at $499,000 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.