iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Reaches New 12-Month High – Still a Buy?

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) reached a new 52-week high on Friday . The company traded as high as $98.89 and last traded at $98.89, with a volume of 63600 shares traded. The stock had previously closed at $98.15.

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

The firm has a 50-day moving average of $95.93 and a 200-day moving average of $92.22. The stock has a market cap of $20.08 billion, a PE ratio of 22.96 and a beta of 0.95.

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

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Valued Wealth Advisors LLC lifted its holdings in iShares Core S&P U.S. Value ETF by 891.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 337 shares of the company’s stock valued at $32,000 after buying an additional 303 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in shares of iShares Core S&P U.S. Value ETF during the third quarter valued at approximately $32,000. Clarity Asset Management Inc. purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the second quarter valued at approximately $35,000. Newbridge Financial Services Group Inc. grew its stake in iShares Core S&P U.S. Value ETF by 133.0% in the second quarter. Newbridge Financial Services Group Inc. now owns 522 shares of the company’s stock worth $46,000 after purchasing an additional 298 shares in the last quarter. Finally, Gradient Investments LLC grew its stake in iShares Core S&P U.S. Value ETF by 1,550.0% in the second quarter. Gradient Investments LLC now owns 528 shares of the company’s stock worth $47,000 after purchasing an additional 496 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.