Bank of America Corp DE Buys 1,190,529 Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Bank of America Corp DE boosted its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Get Rating) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,464,540 shares of the company’s stock after acquiring an additional 1,190,529 shares during the period. Bank of America Corp DE owned 0.30% of iShares Core S&P U.S. Value ETF worth $3,846,830,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Concourse Financial Group Securities Inc. grew its position in shares of iShares Core S&P U.S. Value ETF by 5.9% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 3,749 shares of the company’s stock worth $265,000 after buying an additional 210 shares during the period. Koshinski Asset Management Inc. purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the 4th quarter worth about $520,000. CWM LLC grew its position in shares of iShares Core S&P U.S. Value ETF by 31.3% in the 4th quarter. CWM LLC now owns 1,084,795 shares of the company’s stock worth $76,619,000 after buying an additional 258,658 shares during the period. Dynamic Advisor Solutions LLC grew its position in shares of iShares Core S&P U.S. Value ETF by 368.3% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 17,724 shares of the company’s stock worth $1,252,000 after buying an additional 13,939 shares during the period. Finally, Northland Capital Management LLC grew its position in shares of iShares Core S&P U.S. Value ETF by 0.5% in the 4th quarter. Northland Capital Management LLC now owns 68,402 shares of the company’s stock worth $4,831,000 after buying an additional 322 shares during the period.

iShares Core S&P U.S. Value ETF Stock Up 1.2 %

Shares of NASDAQ:IUSV traded up $0.89 during midday trading on Friday, reaching $73.83. The company’s stock had a trading volume of 288,975 shares, compared to its average volume of 647,680. The firm has a 50 day moving average of $73.72 and a 200-day moving average of $73.39. The firm has a market capitalization of $13.14 billion, a P/E ratio of 15.57 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 12-month low of $62.05 and a 12-month high of $78.25.

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

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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.