iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Stock Short Interest Drops 40.7%

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 231,567 shares, a drop of 40.7% from the September 15th total of 390,309 shares. Based on an average daily trading volume, of 553,880 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Aspiriant LLC bought a new position in shares of iShares Core S&P U.S. Value ETF during the third quarter worth $415,952,000. Annex Advisory Services LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the third quarter worth about $645,000. Ashurst Perkins Coie Trust Co acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the third quarter worth about $56,000. ZWJ Investment Counsel Inc. bought a new stake in iShares Core S&P U.S. Value ETF during the 3rd quarter worth approximately $3,015,000. Finally, Mather Group LLC. bought a new position in iShares Core S&P U.S. Value ETF in the third quarter valued at approximately $120,000.

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

Shares of NASDAQ IUSV traded down $0.02 during trading on Friday, reaching $113.79. The company had a trading volume of 539,735 shares, compared to its average volume of 830,747. iShares Core S&P U.S. Value ETF has a 52 week low of $98.22 and a 52 week high of $116.19. The business’s 50 day moving average price is $113.41 and its 200-day moving average price is $110.68. The stock has a market cap of $27.94 billion, a PE ratio of 20.41 and a beta of 0.83.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given 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 a boost 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.