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

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $97.87 and last traded at $97.49, with a volume of 4094 shares. The stock had previously closed at $95.16.

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

The stock has a market cap of $19.75 billion, a PE ratio of 22.96 and a beta of 0.95. The stock’s 50-day moving average is $95.06 and its two-hundred day moving average is $91.39.

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

The firm also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a dividend of $0.5824 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44.

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

A number of hedge funds have recently added to or reduced their stakes in the business. Valued Wealth Advisors LLC raised its holdings in shares of iShares Core S&P U.S. Value ETF by 891.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 337 shares of the company’s stock valued at $32,000 after purchasing an additional 303 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the 3rd quarter valued at $32,000. Clarity Asset Management Inc. acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter valued at $35,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the 3rd quarter valued at $48,000. Finally, Perkins Coie Trust Co acquired a new stake in iShares Core S&P U.S. Value ETF during the 3rd quarter worth $49,000.

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.