iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 52-Week 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 $107.85 and last traded at $107.67, with a volume of 243878 shares changing hands. The stock had previously closed at $107.41.

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

The firm has a market cap of $24.80 billion, a PE ratio of 20.41 and a beta of 0.90. The stock’s 50 day simple moving average is $104.16 and its 200 day simple moving average is $100.96.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $0.5515 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47. This represents a $2.21 dividend on an annualized basis and a yield of 2.1%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IUSV. AQR Capital Management LLC raised its stake in shares of iShares Core S&P U.S. Value ETF by 20.7% in the 1st quarter. AQR Capital Management LLC now owns 10,047 shares of the company’s stock valued at $927,000 after acquiring an additional 1,725 shares during the period. Goldman Sachs Group Inc. raised its position in shares of 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 purchasing an additional 189,409 shares during the last quarter. Jane Street Group LLC grew its holdings in iShares Core S&P U.S. Value ETF by 248.0% in the 1st quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock valued at $5,357,000 after buying an additional 41,366 shares during the period. DAVENPORT & Co LLC acquired a new stake in iShares Core S&P U.S. Value ETF in the 2nd quarter valued at $211,000. Finally, Johnson Investment Counsel Inc. acquired a new position in iShares Core S&P U.S. Value ETF in the second quarter worth about $236,000.

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.