iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Sees Significant Decline in Short Interest

iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 179,330 shares, a decrease of 55.0% from the April 15th total of 398,204 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 700,611 shares, the days-to-cover ratio is presently 0.3 days.

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

A number of institutional investors have recently modified their holdings of IUSV. Auto Owners Insurance Co lifted its position in shares of iShares Core S&P U.S. Value ETF by 15,983.5% during the 4th quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock valued at $13,896,102,000 after acquiring an additional 138,097,020 shares during the period. Bank of America Corp DE lifted its position in shares of iShares Core S&P U.S. Value ETF by 7.8% during the 3rd quarter. Bank of America Corp DE now owns 80,233,541 shares of the company’s stock valued at $8,019,342,000 after acquiring an additional 5,830,890 shares during the period. Valpey Financial Services LLC lifted its position in shares of iShares Core S&P U.S. Value ETF by 10,060.9% during the 4th quarter. Valpey Financial Services LLC now owns 2,962,216 shares of the company’s stock valued at $303,746,000 after acquiring an additional 2,933,063 shares during the period. Venturi Wealth Management LLC lifted its position in shares of iShares Core S&P U.S. Value ETF by 455.2% during the 4th quarter. Venturi Wealth Management LLC now owns 1,297,346 shares of the company’s stock valued at $133,030,000 after acquiring an additional 1,063,672 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its position in shares of iShares Core S&P U.S. Value ETF by 8,501.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 695,290 shares of the company’s stock valued at $71,295,000 after acquiring an additional 687,207 shares during the period.

iShares Core S&P U.S. Value ETF Stock Down 0.7%

Shares of NASDAQ:IUSV traded down $0.79 during trading on Friday, reaching $108.13. 606,227 shares of the company traded hands, compared to its average volume of 1,097,350. The company’s 50 day moving average is $104.90 and its two-hundred day moving average is $104.17. The firm has a market capitalization of $25.59 billion, a PE ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a 52 week low of $89.90 and a 52 week high of $109.34.

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

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a dividend of $0.3925 per share. This represents a $1.57 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Tuesday, March 17th.

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.