iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sees Significant Increase in Short Interest

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 473,192 shares, an increase of 104.3% from the September 30th total of 231,567 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 603,681 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Signaturefd LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the third quarter valued at about $559,762,000. Aspiriant LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the third quarter worth about $415,952,000. Modera Wealth Management LLC acquired a new position in iShares Core S&P U.S. Value ETF during the third quarter worth $132,261,000. Canandaigua National Bank & Trust Co. purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter worth about $89,063,000. Finally, BTG Pactual Asset Management US LLC acquired a new stake in iShares Core S&P U.S. Value ETF during the second quarter worth approximately $77,306,000.

iShares Core S&P U.S. Value ETF Trading Down 0.8%

IUSV stock traded down $0.92 during trading on Friday, hitting $115.71. 578,176 shares of the company’s stock were exchanged, compared to its average volume of 821,024. The business has a 50-day moving average price of $113.50 and a two-hundred day moving average price of $109.49. iShares Core S&P U.S. Value ETF has a 52-week low of $98.22 and a 52-week high of $116.66. The stock has a market capitalization of $28.45 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83.

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

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

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.