iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 1-Year High – Still a Buy?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSVGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $113.52 and last traded at $113.50, with a volume of 18018 shares changing hands. The stock had previously closed at $112.63.

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

The firm has a market capitalization of $27.25 billion, a P/E ratio of 20.41 and a beta of 0.83. The firm has a 50-day moving average price of $110.78 and a two-hundred day moving average price of $107.41.

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

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

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IUSV. Prudent Investors Network Inc. grew its stake in iShares Core S&P U.S. Value ETF by 1.7% in the 4th quarter. Prudent Investors Network Inc. now owns 5,673 shares of the company’s stock worth $582,000 after acquiring an additional 96 shares in the last quarter. MFA Wealth Services increased its position in shares of iShares Core S&P U.S. Value ETF by 0.4% during the fourth quarter. MFA Wealth Services now owns 23,848 shares of the company’s stock worth $2,445,000 after acquiring an additional 98 shares during the period. CBIZ Investment Advisory Services LLC raised its stake in shares of iShares Core S&P U.S. Value ETF by 8.1% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 1,329 shares of the company’s stock valued at $136,000 after acquiring an additional 100 shares in the last quarter. Litman Gregory Wealth Management LLC raised its stake in shares of iShares Core S&P U.S. Value ETF by 0.8% during the fourth quarter. Litman Gregory Wealth Management LLC now owns 13,253 shares of the company’s stock valued at $1,359,000 after acquiring an additional 100 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of iShares Core S&P U.S. Value ETF by 2.1% during the fourth quarter. Parallel Advisors LLC now owns 4,861 shares of the company’s stock valued at $499,000 after acquiring an additional 101 shares in the last quarter.

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

(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.

Further Reading

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