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

iShares Core S&P U.S. Value ETF (NASDAQ:IUSVGet Free Report) hit a new 52-week low on Friday . The company 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 Price Performance

The firm’s fifty day moving average is $93.88 and its two-hundred day moving average is $94.96. The firm has a market cap of $18.40 billion, a price-to-earnings ratio of 21.47 and a beta of 0.95.

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

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

Institutional Inflows and Outflows

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

About iShares Core S&P U.S. Value ETF

(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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