iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 1-Year High – Here’s What Happened

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

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

The stock has a market cap of $19.79 billion, a P/E ratio of 22.96 and a beta of 0.95. The company has a fifty day moving average price of $94.93 and a 200 day moving average price of $91.30.

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

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a dividend of $0.5824 per share. This is an increase 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

Hedge funds and other institutional investors have recently modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in shares of iShares Core S&P U.S. Value ETF by 7.8% during the second quarter. Envestnet Asset Management Inc. now owns 4,137,440 shares of the company’s stock valued at $364,633,000 after acquiring an additional 298,653 shares in the last quarter. Bleakley Financial Group LLC bought a new stake in iShares Core S&P U.S. Value ETF during the third quarter worth $207,000. R. W. Roge & Company Inc. grew its holdings in iShares Core S&P U.S. Value ETF by 20.5% during the first quarter. R. W. Roge & Company Inc. now owns 9,352 shares of the company’s stock worth $846,000 after buying an additional 1,588 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in iShares Core S&P U.S. Value ETF by 2.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 519,156 shares of the company’s stock valued at $45,753,000 after purchasing an additional 14,746 shares during the period. Finally, RFG Advisory LLC grew its stake in iShares Core S&P U.S. Value ETF by 9.4% in the 2nd quarter. RFG Advisory LLC now owns 5,253 shares of the company’s stock valued at $463,000 after purchasing an additional 452 shares during the period.

About iShares Core S&P U.S. Value ETF

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.