iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Reaches New 12-Month High – What’s Next?

Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) hit a new 52-week high during trading on Wednesday . The company traded as high as $115.77 and last traded at $115.74, with a volume of 47871 shares trading hands. The stock had previously closed at $114.66.

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

The company has a market cap of $27.67 billion, a P/E ratio of 20.41 and a beta of 0.83. The business’s 50-day moving average price is $112.13 and its 200 day moving average price is $108.44.

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. Investors of record on Monday, June 15th were issued a dividend of $0.4504 per share. The ex-dividend date was Monday, June 15th. This is an increase 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 yield of 1.6%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IUSV. AQR Capital Management LLC raised its position in shares of iShares Core S&P U.S. Value ETF by 20.7% in the first quarter. AQR Capital Management LLC now owns 10,047 shares of the company’s stock valued at $927,000 after purchasing an additional 1,725 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of iShares Core S&P U.S. Value ETF by 50.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock worth $52,071,000 after buying an additional 189,409 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 248.0% during the 1st quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock worth $5,357,000 after buying an additional 41,366 shares during the period. Franklin Resources Inc. boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 26.0% during the 2nd quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock worth $49,000 after buying an additional 108 shares during the period. Finally, Diversify Advisory Services LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF in the second quarter valued at approximately $1,595,000.

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.