iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Reaches New 12-Month High – Here’s What Happened

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $109.21 and last traded at $109.21, with a volume of 217809 shares trading hands. The stock had previously closed at $108.71.

iShares Core S&P U.S. Value ETF Trading Up 0.2%

The stock’s fifty day moving average is $104.85 and its two-hundred day moving average is $104.12. The firm has a market cap of $25.79 billion, a P/E ratio of 20.41 and a beta of 0.83.

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

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

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

A number of hedge funds and other institutional investors have recently bought and sold shares of IUSV. AQR Capital Management LLC increased its holdings in iShares Core S&P U.S. Value ETF by 20.7% during the 1st quarter. AQR Capital Management LLC now owns 10,047 shares of the company’s stock worth $927,000 after acquiring an additional 1,725 shares during the period. Goldman Sachs Group Inc. increased its holdings in iShares Core S&P U.S. Value ETF by 50.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock worth $52,071,000 after acquiring an additional 189,409 shares during the period. Jane Street Group LLC increased 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 worth $5,357,000 after acquiring an additional 41,366 shares during the period. Franklin Resources Inc. increased 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 worth $49,000 after acquiring an additional 108 shares during the period. Finally, Diversify Advisory Services LLC bought a new stake in iShares Core S&P U.S. Value ETF during the 2nd quarter worth approximately $1,595,000.

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.