iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sees Significant Decline in Short Interest

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 179,330 shares, a decrease of 55.0% from the April 15th total of 398,204 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 700,611 shares, the short-interest ratio is currently 0.3 days.

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

Shares of IUSV stock traded down $0.79 on Friday, hitting $108.13. The company had a trading volume of 606,227 shares, compared to its average volume of 1,097,350. The firm has a market cap of $25.59 billion, a P/E ratio of 20.41 and a beta of 0.83. The stock’s 50-day moving average is $104.90 and its two-hundred day moving average is $104.17. iShares Core S&P U.S. Value ETF has a twelve month low of $89.90 and a twelve month high of $109.34.

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

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.3925 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.57 annualized dividend and a dividend yield of 1.5%.

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

Several institutional investors and hedge funds have recently made changes to their positions in IUSV. AQR Capital Management LLC increased its stake in shares of iShares Core S&P U.S. Value ETF by 20.7% in the first quarter. AQR Capital Management LLC now owns 10,047 shares of the company’s stock valued at $927,000 after buying an additional 1,725 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of iShares Core S&P U.S. Value ETF by 50.5% in the first quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock valued at $52,071,000 after buying an additional 189,409 shares during the period. Jane Street Group LLC increased its stake in shares of iShares Core S&P U.S. Value ETF by 248.0% in the first 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. Franklin Resources Inc. increased its stake in shares of iShares Core S&P U.S. Value ETF by 26.0% in the second quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock valued at $49,000 after buying an additional 108 shares during the period. Finally, Diversify Advisory Services LLC bought a new stake in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter valued at about $1,595,000.

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.