iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Hits New 52-Week High – Time to Buy?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $114.74 and last traded at $114.72, with a volume of 26686 shares trading hands. The stock had previously closed at $114.50.

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

The firm has a market capitalization of $27.75 billion, a PE ratio of 20.41 and a beta of 0.83. The company’s 50-day simple moving average is $111.51 and its 200 day simple moving average is $108.02.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.4504 per share. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date was Monday, June 15th. This represents a $1.80 annualized dividend and a dividend yield of 1.6%.

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

Institutional investors have recently bought and sold shares of the company. Auto Owners Insurance Co increased its position in shares of iShares Core S&P U.S. Value ETF by 15,983.5% during the fourth quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock worth $13,896,102,000 after purchasing an additional 138,097,020 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 3.9% during the 4th quarter. Bank of America Corp DE now owns 83,401,630 shares of the company’s stock valued at $8,552,003,000 after purchasing an additional 3,168,089 shares during the last quarter. Valpey Financial Services LLC boosted its position in shares of iShares Core S&P U.S. Value ETF by 10,060.9% in the 4th quarter. Valpey Financial Services LLC now owns 2,962,216 shares of the company’s stock worth $303,746,000 after purchasing an additional 2,933,063 shares in the last quarter. Canandaigua National Bank & Trust Co. acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter worth $89,063,000. Finally, Sequoia Financial Advisors LLC boosted its position in shares of iShares Core S&P U.S. Value ETF by 8,501.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 695,290 shares of the company’s stock worth $71,295,000 after purchasing an additional 687,207 shares in the last quarter.

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.