iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sees Unusually-High Trading Volume After Dividend Announcement

Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) saw an uptick in trading volume on Monday following a dividend announcement from the company. 1,654,780 shares were traded during mid-day trading, an increase of 208% from the previous session’s volume of 536,810 shares.The stock last traded at $95.89 and had previously closed at $96.18.

The newly announced dividend which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th will be given a $0.5456 dividend. The ex-dividend date of this dividend is Tuesday, December 17th.

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

The firm has a fifty day simple moving average of $96.92 and a 200-day simple moving average of $93.30. The firm has a market cap of $18.72 billion, a P/E ratio of 22.96 and a beta of 0.95.

Institutional Trading of iShares Core S&P U.S. Value ETF

Hedge funds have recently bought and sold shares of the business. Kestra Investment Management LLC bought a new stake in iShares Core S&P U.S. Value ETF during the second quarter worth about $133,548,000. Benjamin Edwards Inc. grew its stake in iShares Core S&P U.S. Value ETF by 10,714.1% in the third quarter. Benjamin Edwards Inc. now owns 834,196 shares of the company’s stock worth $79,658,000 after purchasing an additional 826,482 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 5.2% during the 2nd quarter. LPL Financial LLC now owns 12,934,444 shares of the company’s stock valued at $1,139,913,000 after buying an additional 637,572 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 57.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,036,031 shares of the company’s stock valued at $98,931,000 after buying an additional 377,456 shares in the last quarter. Finally, Blue Trust Inc. boosted its stake in iShares Core S&P U.S. Value ETF by 6.7% in the 3rd quarter. Blue Trust Inc. now owns 4,914,807 shares of the company’s stock worth $433,142,000 after purchasing an additional 309,675 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.