iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Hits New 52-Week High – Here’s What Happened

Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) hit a new 52-week high on Friday . The stock traded as high as $98.89 and last traded at $98.89, with a volume of 63600 shares. The stock had previously closed at $98.15.

iShares Core S&P U.S. Value ETF Stock Up 0.8 %

The firm has a market cap of $20.08 billion, a P/E ratio of 22.96 and a beta of 0.95. The business has a fifty day simple moving average of $95.93 and a 200-day simple moving average of $92.22.

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

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

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

A number of hedge funds and other institutional investors have recently bought and sold shares of IUSV. Eaton Financial Holdings Company LLC bought a new stake in shares of iShares Core S&P U.S. Value ETF in the 3rd quarter worth approximately $13,126,000. Sunbelt Securities Inc. boosted its holdings in iShares Core S&P U.S. Value ETF by 33.7% in the third quarter. Sunbelt Securities Inc. now owns 47,789 shares of the company’s stock worth $4,563,000 after acquiring an additional 12,058 shares in the last quarter. Continuum Advisory LLC grew its stake in shares of iShares Core S&P U.S. Value ETF by 17.5% in the third quarter. Continuum Advisory LLC now owns 1,828 shares of the company’s stock worth $177,000 after acquiring an additional 272 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of iShares Core S&P U.S. Value ETF during the third quarter valued at $372,000. Finally, Glass Jacobson Investment Advisors llc raised its position in shares of iShares Core S&P U.S. Value ETF by 37.7% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 679 shares of the company’s stock worth $65,000 after purchasing an additional 186 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.