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

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $111.56 and last traded at $111.54, with a volume of 27568 shares changing hands. The stock had previously closed at $110.49.

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

The firm’s fifty day simple moving average is $109.23 and its 200 day simple moving average is $106.19. The company has a market capitalization of $26.74 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 firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.4504 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.80 annualized dividend and a yield of 1.6%. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39.

Hedge Funds Weigh In On iShares Core S&P U.S. Value ETF

A number of large investors have recently made changes to their positions in the business. Sapient Capital LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 0.3% during the first quarter. Sapient Capital LLC now owns 96,529 shares of the company’s stock worth $9,870,000 after purchasing an additional 305 shares during the period. FAS Wealth Partners Inc. acquired a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter worth $29,000. NewEdge Advisors LLC raised its holdings in shares of iShares Core S&P U.S. Value ETF by 5.6% during the first quarter. NewEdge Advisors LLC now owns 130,212 shares of the company’s stock worth $13,314,000 after acquiring an additional 6,917 shares in the last quarter. Foguth Wealth Management LLC. purchased a new stake in shares of iShares Core S&P U.S. Value ETF during the first quarter worth $216,000. Finally, Financial Solutions Advisory Group Inc. acquired a new stake in iShares Core S&P U.S. Value ETF during the first quarter valued at $207,000.

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.