iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Reaches New 52-Week Low – Here’s What Happened

by · The Cerbat Gem

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Get Free Report) shares reached a new 52-week low on Friday . The stock traded as low as $84.90 and last traded at $85.05, with a volume of 343611 shares trading hands. The stock had previously closed at $88.77.

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

The company has a market capitalization of $18.40 billion, a P/E ratio of 21.47 and a beta of 0.95. The business’s fifty day simple moving average is $93.88 and its 200-day simple moving average is $94.96.

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

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were given a dividend of $0.3667 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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

A number of hedge funds have recently made changes to their positions in IUSV. Mogy Joel R Investment Counsel Inc. increased its stake in iShares Core S&P U.S. Value ETF by 278.8% in the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 375 shares of the company’s stock worth $35,000 after acquiring an additional 276 shares during the last quarter. Hager Investment Management Services LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter valued at $36,000. Franklin Resources Inc. grew its holdings in shares of iShares Core S&P U.S. Value ETF by 1,560.0% in the fourth quarter. Franklin Resources Inc. now owns 415 shares of the company’s stock valued at $38,000 after purchasing an additional 390 shares in the last quarter. Global Wealth Strategies & Associates increased its position in iShares Core S&P U.S. Value ETF by 293.6% in the fourth quarter. Global Wealth Strategies & Associates now owns 429 shares of the company’s stock worth $40,000 after purchasing an additional 320 shares during the last quarter. Finally, Hoese & Co LLP purchased a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter valued at $41,000.

iShares Core S&P U.S. Value ETF Company Profile

(Get Free Report)

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.

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