iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Hits New 12-Month High – Should You Buy?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $110.69 and last traded at $110.67, with a volume of 17237 shares changing hands. The stock had previously closed at $110.35.

iShares Core S&P U.S. Value ETF Stock Up 0.1%

The company has a market cap of $26.13 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. The firm has a 50-day simple moving average of $105.84 and a 200 day simple moving average of $104.71.

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. Investors of record on Tuesday, March 17th were paid a $0.3925 dividend. This represents a $1.57 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, March 17th.

Institutional Trading of iShares Core S&P U.S. Value ETF

A number of institutional investors have recently bought and sold shares of the company. TrueWealth Financial Partners acquired a new position in shares of iShares Core S&P U.S. Value ETF during the 1st quarter worth $579,000. Western Wealth Management LLC grew its stake in iShares Core S&P U.S. Value ETF by 1.9% in the 1st quarter. Western Wealth Management LLC now owns 21,026 shares of the company’s stock valued at $2,150,000 after acquiring an additional 397 shares during the last quarter. McIlrath & Eck LLC grew its stake in iShares Core S&P U.S. Value ETF by 64.7% in the 1st quarter. McIlrath & Eck LLC now owns 4,419 shares of the company’s stock valued at $452,000 after acquiring an additional 1,736 shares during the last quarter. Eley Financial Management Inc increased its holdings in iShares Core S&P U.S. Value ETF by 1.6% during the 1st quarter. Eley Financial Management Inc now owns 51,500 shares of the company’s stock valued at $5,266,000 after acquiring an additional 815 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its position in iShares Core S&P U.S. Value ETF by 13.5% during the first quarter. Arkadios Wealth Advisors now owns 57,409 shares of the company’s stock worth $5,870,000 after acquiring an additional 6,839 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.