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

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) 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. The stock had previously closed at $110.49.

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

The firm has a 50-day moving average of $109.43 and a two-hundred day moving average of $106.29. The company has a market capitalization of $26.78 billion, a PE ratio of 20.41 and a beta of 0.83.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid 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 Trading of iShares Core S&P U.S. Value ETF

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

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.