iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Reaches New 1-Year High – Should You Buy?

Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) reached a new 52-week high during trading on Friday . The stock traded as high as $100.29 and last traded at $100.02, with a volume of 287444 shares changing hands. The stock had previously closed at $99.76.

iShares Core S&P U.S. Value ETF Stock Up 0.3 %

The firm has a market capitalization of $20.29 billion, a PE ratio of 22.96 and a beta of 0.95. The company’s 50-day simple moving average is $96.32 and its 200 day simple moving average is $92.50.

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

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a $0.5824 dividend. This is a positive change from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44. The ex-dividend date was Wednesday, September 25th.

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. Kestra Investment Management LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter valued at approximately $133,548,000. Benjamin Edwards Inc. raised its position in shares of iShares Core S&P U.S. Value ETF by 10,714.1% in the 3rd quarter. Benjamin Edwards Inc. now owns 834,196 shares of the company’s stock valued at $79,658,000 after purchasing an additional 826,482 shares during the last quarter. Canandaigua National Bank & Trust Co. purchased a new position in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter valued at approximately $57,066,000. LPL Financial LLC increased its holdings in iShares Core S&P U.S. Value ETF by 5.2% in the 2nd quarter. LPL Financial LLC now owns 12,934,444 shares of the company’s stock worth $1,139,913,000 after buying an additional 637,572 shares during the period. Finally, Venturi Wealth Management LLC increased its holdings in iShares Core S&P U.S. Value ETF by 57.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,036,031 shares of the company’s stock worth $98,931,000 after buying an additional 377,456 shares during the period.

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.