Short Interest in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Decreases By 9.1%

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 289,700 shares, a decline of 9.1% from the August 31st total of 318,700 shares. Based on an average trading volume of 483,100 shares, the days-to-cover ratio is currently 0.6 days.

iShares Core S&P U.S. Value ETF Stock Up 0.4 %

NASDAQ:IUSV traded up $0.36 on Monday, hitting $95.49. The stock had a trading volume of 599,008 shares, compared to its average volume of 541,458. The stock has a market cap of $19.00 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95. The company has a fifty day moving average price of $92.74 and a two-hundred day moving average price of $89.98. iShares Core S&P U.S. Value ETF has a 1-year low of $71.27 and a 1-year high of $95.66.

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

The company also recently announced a dividend, which will be paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th will be issued a $0.5824 dividend. This is a positive change from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44. The ex-dividend date is Wednesday, September 25th.

Hedge Funds Weigh In On iShares Core S&P U.S. Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Centaurus Financial Inc. boosted its holdings in iShares Core S&P U.S. Value ETF by 7.3% in the 2nd quarter. Centaurus Financial Inc. now owns 162,375 shares of the company’s stock valued at $14,310,000 after purchasing an additional 10,991 shares during the last quarter. Summit Wealth Partners LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 2.1% in the 2nd quarter. Summit Wealth Partners LLC now owns 33,927 shares of the company’s stock worth $2,990,000 after acquiring an additional 708 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 133.0% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 522 shares of the company’s stock worth $46,000 after acquiring an additional 298 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter worth approximately $20,656,000. Finally, Kestra Investment Management LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter worth approximately $133,548,000.

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.