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

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) shares hit a new 52-week high on Wednesday . The company traded as high as $102.65 and last traded at $102.59, with a volume of 61349 shares. The stock had previously closed at $102.10.

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

The firm’s 50-day simple moving average is $100.10 and its two-hundred day simple moving average is $96.37. The stock has a market capitalization of $23.55 billion, a PE ratio of 20.41 and a beta of 0.90.

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

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.4714 per share. This represents a $1.89 annualized dividend and a yield of 1.9%. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43. The ex-dividend date was Tuesday, September 16th.

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

A number of institutional investors have recently added to or reduced their stakes in IUSV. Evolution Wealth Management Inc. acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter valued at $25,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the second quarter worth about $26,000. Smithfield Trust Co bought a new stake in iShares Core S&P U.S. Value ETF in the 2nd quarter valued at $27,000. Headlands Technologies LLC boosted its position in iShares Core S&P U.S. Value ETF by 520.3% during the 2nd quarter. Headlands Technologies LLC now owns 428 shares of the company’s stock worth $41,000 after acquiring an additional 359 shares during the last quarter. Finally, Mather Group LLC. bought a new position in shares of iShares Core S&P U.S. Value ETF in the 3rd quarter valued at about $46,000.

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.