iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Reaches New 1-Year High – Should You Buy?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $111.56 and last traded at $111.54, with a volume of 27568 shares traded. The stock had previously closed at $110.49.

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

The company’s 50-day moving average is $109.23 and its 200-day moving average is $106.19. The firm has a market capitalization of $26.74 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.4504 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.80 annualized dividend and a dividend yield of 1.6%. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39.

Hedge Funds Weigh In On iShares Core S&P U.S. Value ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Motco purchased a new position in iShares Core S&P U.S. Value ETF in the 4th quarter worth approximately $29,000. FAS Wealth Partners Inc. acquired a new stake in iShares Core S&P U.S. Value ETF during the 1st quarter valued at $29,000. Ransom Advisory Ltd purchased a new stake in iShares Core S&P U.S. Value ETF during the 4th quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Core S&P U.S. Value ETF in the 4th quarter worth $35,000. Finally, Motiv8 Investments LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the fourth quarter valued at about $35,000.

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.