Short Interest in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Grows By 20.1%

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 473,800 shares, an increase of 20.1% from the November 30th total of 394,400 shares. Based on an average daily volume of 614,100 shares, the short-interest ratio is presently 0.8 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of IUSV. Valued Wealth Advisors LLC grew its position in iShares Core S&P U.S. Value ETF by 891.2% during the third quarter. Valued Wealth Advisors LLC now owns 337 shares of the company’s stock valued at $32,000 after buying an additional 303 shares during the period. Capital Performance Advisors LLP purchased a new stake in iShares Core S&P U.S. Value ETF in the third quarter worth about $32,000. Clarity Asset Management Inc. purchased a new position in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter valued at about $35,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of iShares Core S&P U.S. Value ETF during the 3rd quarter valued at approximately $48,000. Finally, Perkins Coie Trust Co purchased a new stake in iShares Core S&P U.S. Value ETF in the 3rd quarter worth approximately $49,000.

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

NASDAQ IUSV traded down $0.62 during trading hours on Friday, hitting $93.51. The company’s stock had a trading volume of 1,607,995 shares, compared to its average volume of 567,127. The company’s 50 day simple moving average is $96.48 and its two-hundred day simple moving average is $93.54. The company has a market cap of $18.97 billion, a P/E ratio of 22.96 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 12 month low of $82.41 and a 12 month high of $100.29.

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

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.5456 per share. The ex-dividend date was Tuesday, December 17th.

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.