iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 52-Week High – Here’s What Happened

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $97.29 and last traded at $97.28, with a volume of 279040 shares trading hands. The stock had previously closed at $96.43.

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

The stock has a market cap of $19.71 billion, a PE ratio of 22.96 and a beta of 0.95. The company has a 50 day moving average of $94.19 and a two-hundred day moving average of $90.60.

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

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

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

Institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its holdings in iShares Core S&P U.S. Value ETF by 7.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,137,440 shares of the company’s stock worth $364,633,000 after buying an additional 298,653 shares during the last quarter. Mather Group LLC. acquired a new position in shares of iShares Core S&P U.S. Value ETF during the 1st quarter worth approximately $50,000. R. W. Roge & Company Inc. boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 20.5% during the 1st quarter. R. W. Roge & Company Inc. now owns 9,352 shares of the company’s stock worth $846,000 after purchasing an additional 1,588 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 2.9% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 519,156 shares of the company’s stock worth $45,753,000 after purchasing an additional 14,746 shares during the last quarter. Finally, RFG Advisory LLC lifted its holdings in iShares Core S&P U.S. Value ETF by 9.4% in the second quarter. RFG Advisory LLC now owns 5,253 shares of the company’s stock valued at $463,000 after acquiring an additional 452 shares during 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.