iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 12-Month High – Should You Buy?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) hit a new 52-week high on Tuesday . The company traded as high as $113.86 and last traded at $113.79, with a volume of 276341 shares. The stock had previously closed at $112.92.

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

The firm has a market cap of $27.67 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. The firm’s fifty day moving average is $110.93 and its 200-day moving average is $107.57.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.4504 dividend. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. 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%.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC lifted its stake in 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. grew its position in shares of iShares Core S&P U.S. Value ETF by 50.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock worth $52,071,000 after buying an additional 189,409 shares during the period. Jane Street Group LLC grew its position in shares of iShares Core S&P U.S. Value ETF by 248.0% during the 1st quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock worth $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 2nd quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock valued at $49,000 after acquiring an additional 108 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter valued at $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.