iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 1-Year High – Should You Buy?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $113.52 and last traded at $113.50, with a volume of 18018 shares trading hands. The stock had previously closed at $112.63.

iShares Core S&P U.S. Value ETF Stock Up 1.1%

The company has a market cap of $27.54 billion, a P/E ratio of 20.41 and a beta of 0.83. The stock has a 50 day moving average price of $110.61 and a two-hundred day moving average price of $107.28.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.4504 per share. This represents a $1.80 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, June 15th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39.

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

A number of institutional investors have recently modified their holdings of IUSV. FAS Wealth Partners Inc. bought a new position in iShares Core S&P U.S. Value ETF during the first quarter worth about $29,000. Motco acquired a new stake in iShares Core S&P U.S. Value ETF in the 4th quarter worth about $29,000. Motiv8 Investments LLC bought a new stake in iShares Core S&P U.S. Value ETF in the 4th quarter valued at about $35,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares Core S&P U.S. Value ETF in the 4th quarter valued at about $35,000. Finally, Physician Wealth Advisors Inc. acquired a new position in shares of iShares Core S&P U.S. Value ETF during the 1st quarter worth approximately $36,000.

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.