iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Short Interest Up 98.3% in May

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 527,370 shares, a growth of 98.3% from the May 14th total of 265,992 shares. Based on an average daily volume of 539,095 shares, the short-interest ratio is currently 1.0 days. Currently, 0.2% of the shares of the company are sold short.

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

Shares of iShares Core S&P U.S. Value ETF stock traded up $0.84 on Friday, hitting $110.88. The stock had a trading volume of 757,646 shares, compared to its average volume of 1,023,159. The stock has a 50 day moving average of $107.85 and a 200 day moving average of $105.50. iShares Core S&P U.S. Value ETF has a twelve month low of $91.88 and a twelve month high of $111.14. The firm has a market capitalization of $26.25 billion, a P/E ratio of 20.41 and a beta of 0.83.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.3925 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.57 annualized dividend and a dividend yield of 1.4%.

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

A number of hedge funds 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% during the first quarter. AQR Capital Management LLC now owns 10,047 shares of the company’s stock worth $927,000 after acquiring an additional 1,725 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares Core S&P U.S. Value ETF by 50.5% during the first quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock worth $52,071,000 after acquiring an additional 189,409 shares during the last quarter. Jane Street Group LLC raised its position in shares of iShares Core S&P U.S. Value ETF by 248.0% during the first quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock worth $5,357,000 after acquiring an additional 41,366 shares during the last quarter. Franklin Resources Inc. raised its position in shares of iShares Core S&P U.S. Value ETF by 26.0% during the second quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock worth $49,000 after acquiring an additional 108 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new position in shares of iShares Core S&P U.S. Value ETF during the second quarter worth about $1,595,000.

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

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.