Short Interest in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Grows By 183.7%

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 296,200 shares, a growth of 183.7% from the June 15th total of 104,400 shares. Based on an average daily volume of 500,100 shares, the short-interest ratio is currently 0.6 days.

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

Shares of IUSV traded up $0.55 during mid-day trading on Friday, reaching $90.06. 345,821 shares of the company’s stock were exchanged, compared to its average volume of 565,704. The business’s fifty day simple moving average is $88.54 and its 200-day simple moving average is $87.12. The stock has a market capitalization of $17.83 billion, a PE ratio of 22.96 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 52-week low of $71.27 and a 52-week high of $90.64.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a dividend of $0.4205 per share. This represents a $1.68 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend was Tuesday, June 11th.

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

A number of institutional investors and hedge funds have recently made changes to their positions in IUSV. Signaturefd LLC raised its position in iShares Core S&P U.S. Value ETF by 0.6% during the 1st quarter. Signaturefd LLC now owns 4,242,760 shares of the company’s stock worth $383,715,000 after buying an additional 24,734 shares during the last quarter. Aspiriant LLC raised its holdings in iShares Core S&P U.S. Value ETF by 13.5% during the first quarter. Aspiriant LLC now owns 2,755,107 shares of the company’s stock worth $249,174,000 after purchasing an additional 328,238 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in iShares Core S&P U.S. Value ETF by 14.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,730,186 shares of the company’s stock worth $230,237,000 after purchasing an additional 345,707 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Core S&P U.S. Value ETF by 4.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,853,571 shares of the company’s stock valued at $156,312,000 after purchasing an additional 75,649 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in iShares Core S&P U.S. Value ETF by 3.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,431,681 shares of the company’s stock valued at $129,481,000 after purchasing an additional 44,517 shares in the last quarter.

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.