iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 1-Year High – Time to Buy?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $109.34 and last traded at $109.28, with a volume of 620775 shares. The stock had previously closed at $108.50.

iShares Core S&P U.S. Value ETF Stock Up 0.7%

The stock has a market capitalization of $25.87 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. The business’s 50 day simple moving average is $105.06 and its 200-day simple moving average is $104.31.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders 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 yield of 1.4%. The ex-dividend date was Tuesday, March 17th.

Institutional Investors Weigh In On iShares Core S&P U.S. Value ETF

Large investors have recently bought and sold shares of the company. Motco acquired a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter worth about $29,000. Ransom Advisory Ltd acquired a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter worth about $35,000. Motiv8 Investments LLC acquired a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter worth about $35,000. Finally, Physician Wealth Advisors Inc. acquired a new stake in iShares Core S&P U.S. Value ETF during the first quarter worth about $36,000.

About iShares Core S&P U.S. Value ETF

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.