iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sets New 12-Month High After Dividend Announcement

Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) reached a new 52-week high during trading on Tuesday following a dividend announcement from the company. The stock traded as high as $95.66 and last traded at $95.44, with a volume of 335601 shares traded. The stock had previously closed at $95.49.

The newly announced dividend which will be paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th will be given a dividend of $0.5824 per share. This is a positive change from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44. The ex-dividend date of this dividend is Wednesday, September 25th.

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

The business has a fifty day moving average of $92.49 and a 200-day moving average of $89.83. The company has a market capitalization of $18.87 billion, a P/E ratio of 22.96 and a beta of 0.95.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Kestra Investment Management LLC bought a new stake in shares of iShares Core S&P U.S. Value ETF during the second quarter worth about $133,548,000. Canandaigua National Bank & Trust Co. purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the second quarter worth approximately $57,066,000. LPL Financial LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 5.2% in the second quarter. LPL Financial LLC now owns 12,934,444 shares of the company’s stock valued at $1,139,913,000 after purchasing an additional 637,572 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of 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 valued at $230,237,000 after buying an additional 345,707 shares during the last quarter. Finally, Aspiriant LLC grew 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 buying an additional 328,238 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.