Short Interest in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Increases By 98.3%

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 527,370 shares, an increase of 98.3% from the May 14th total of 265,992 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 539,095 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Trading of iShares Core S&P U.S. Value ETF

A number of large investors have recently made changes to their positions in IUSV. AQR Capital Management LLC increased its holdings in shares of iShares Core S&P U.S. Value ETF by 20.7% in the 1st quarter. AQR Capital Management LLC now owns 10,047 shares of the company’s stock worth $927,000 after buying an additional 1,725 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of iShares Core S&P U.S. Value ETF by 50.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock worth $52,071,000 after buying an additional 189,409 shares during the last quarter. Jane Street Group LLC grew its holdings in iShares Core S&P U.S. Value ETF by 248.0% during the 1st quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock valued at $5,357,000 after purchasing an additional 41,366 shares during the last quarter. Franklin Resources Inc. grew its holdings in iShares Core S&P U.S. Value ETF by 26.0% during the 2nd quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock valued at $49,000 after purchasing an additional 108 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new position in iShares Core S&P U.S. Value ETF during the 2nd quarter valued at about $1,595,000.

iShares Core S&P U.S. Value ETF Stock Down 0.0%

IUSV stock traded down $0.01 during mid-day trading on Monday, hitting $110.87. The company had a trading volume of 619,361 shares, compared to its average volume of 1,019,586. The company has a market capitalization of $26.24 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a 12-month low of $91.88 and a 12-month high of $111.35. The company has a 50-day moving average price of $108.02 and a 200 day moving average price of $105.57.

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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be issued a $0.4504 dividend. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date is Monday, June 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.6%.

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.