iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Reaches New 1-Year High Following Dividend Announcement

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Get Free Report)’s share price hit a new 52-week high during trading on Monday after the company announced a dividend. The company traded as high as $111.28 and last traded at $111.23, with a volume of 31650 shares changing hands. The stock had previously closed at $110.88.

The newly announced dividend which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be given a dividend of $0.4504 per share. This represents a $1.80 dividend on an annualized basis 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. The ex-dividend date of this dividend is Monday, June 15th.

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

The company has a market capitalization of $26.28 billion, a PE ratio of 20.41 and a beta of 0.83. The company’s fifty day moving average is $108.19 and its 200-day moving average is $105.63.

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

Several institutional investors have recently bought and sold shares of the business. Auto Owners Insurance Co increased its holdings in iShares Core S&P U.S. Value ETF by 15,983.5% during the fourth quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock valued at $13,896,102,000 after buying an additional 138,097,020 shares during the period. Bank of America Corp DE lifted its position in iShares Core S&P U.S. Value ETF by 3.9% during the fourth quarter. Bank of America Corp DE now owns 83,401,630 shares of the company’s stock valued at $8,552,003,000 after purchasing an additional 3,168,089 shares during the period. LPL Financial LLC lifted its position in iShares Core S&P U.S. Value ETF by 3.6% during the fourth quarter. LPL Financial LLC now owns 16,406,531 shares of the company’s stock valued at $1,682,326,000 after purchasing an additional 569,611 shares during the period. Morgan Stanley lifted its position in iShares Core S&P U.S. Value ETF by 7.0% during the fourth quarter. Morgan Stanley now owns 9,720,751 shares of the company’s stock valued at $996,766,000 after purchasing an additional 639,948 shares during the period. Finally, Signaturefd LLC lifted its position in iShares Core S&P U.S. Value ETF by 1.9% during the fourth quarter. Signaturefd LLC now owns 4,573,759 shares of the company’s stock valued at $468,993,000 after purchasing an additional 84,650 shares during the period.

iShares Core S&P U.S. Value ETF Company Profile

(Get Free Report)

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.

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