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

iShares Core S&P U.S. Value ETF (NASDAQ:IUSVGet Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as $109.18 and last traded at $109.10, with a volume of 453634 shares. The stock had previously closed at $108.53.

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

The company has a market capitalization of $25.72 billion, a P/E ratio of 20.41 and a beta of 0.83. The company has a 50 day moving average of $104.76 and a 200-day moving average of $103.90.

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

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

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

Large investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. raised its holdings in shares of iShares Core S&P U.S. Value ETF by 18.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,437,925 shares of the company’s stock valued at $147,028,000 after acquiring an additional 218,862 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new stake in iShares Core S&P U.S. Value ETF in the first quarter valued at $291,000. Alpha Zero LLC boosted its holdings in iShares Core S&P U.S. Value ETF by 2.0% in the first quarter. Alpha Zero LLC now owns 83,264 shares of the company’s stock valued at $8,514,000 after acquiring an additional 1,599 shares in the last quarter. Scarborough Advisors LLC purchased a new position in iShares Core S&P U.S. Value ETF during the 1st quarter valued at $204,000. Finally, Bessemer Group Inc. raised its holdings in iShares Core S&P U.S. Value ETF by 52.7% in the 1st quarter. Bessemer Group Inc. now owns 11,523 shares of the company’s stock worth $1,178,000 after purchasing an additional 3,975 shares in the last quarter.

iShares Core S&P U.S. Value ETF Company Profile

(Get Free Report)

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.

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