iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 473,192 shares, an increase of 104.3% from the September 30th total of 231,567 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 603,681 shares, the days-to-cover ratio is currently 0.8 days.
iShares Core S&P U.S. Value ETF Trading Down 0.8%
Shares of NASDAQ:IUSV traded down $0.92 during trading on Friday, reaching $115.71. The stock had a trading volume of 578,176 shares, compared to its average volume of 821,024. The company has a market capitalization of $28.45 billion, a P/E ratio of 20.41 and a beta of 0.83. The firm’s 50-day simple moving average is $113.50 and its 200 day simple moving average is $109.49. iShares Core S&P U.S. Value ETF has a one year low of $98.22 and a one year high of $116.66.
iShares Core S&P U.S. Value ETF Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.4911 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.4504. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.7%.
Institutional Trading of iShares Core S&P U.S. Value ETF
Institutional investors have recently made changes to their positions in the business. Verity Asset Management Inc. raised its stake in iShares Core S&P U.S. Value ETF by 1.1% in the third quarter. Verity Asset Management Inc. now owns 9,736 shares of the company’s stock valued at $1,074,000 after buying an additional 107 shares during the last quarter. Integrity Alliance LLC. acquired a new stake in iShares Core S&P U.S. Value ETF in the third quarter worth about $8,206,000. Moneywise Inc. purchased a new stake in shares of iShares Core S&P U.S. Value ETF during the third quarter worth about $874,000. Hopwood Financial Services Inc. grew its stake in shares of iShares Core S&P U.S. Value ETF by 31.1% during the third quarter. Hopwood Financial Services Inc. now owns 3,160 shares of the company’s stock worth $348,000 after acquiring an additional 750 shares during the last quarter. Finally, XML Financial LLC grew its stake in shares of iShares Core S&P U.S. Value ETF by 3.8% during the third quarter. XML Financial LLC now owns 6,873 shares of the company’s stock worth $758,000 after acquiring an additional 249 shares during the last quarter.
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.
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