Gateway Wealth Partners LLC Invests $708,000 in iShares Core S&P U.S. Value ETF $IUSV

Gateway Wealth Partners LLC bought a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSVFree Report) in the 1st quarter, Holdings Channel.com reports. The firm bought 6,921 shares of the company’s stock, valued at approximately $708,000.

A number of other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in iShares Core S&P U.S. Value ETF by 20.7% during the first quarter. AQR Capital Management LLC now owns 10,047 shares of the company’s stock worth $927,000 after purchasing an additional 1,725 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares Core S&P U.S. Value ETF by 50.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock valued at $52,071,000 after purchasing an additional 189,409 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of iShares Core S&P U.S. Value ETF by 248.0% during the 1st quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock valued at $5,357,000 after buying an additional 41,366 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of iShares Core S&P U.S. Value ETF by 26.0% during the 2nd quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock valued at $49,000 after buying an additional 108 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in iShares Core S&P U.S. Value ETF in the 2nd quarter worth approximately $1,595,000.

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

NASDAQ:IUSV opened at $112.62 on Thursday. The company has a market capitalization of $27.25 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. The business has a 50 day moving average of $110.78 and a 200 day moving average of $107.41. iShares Core S&P U.S. Value ETF has a 1-year low of $93.91 and a 1-year high of $113.86.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.4504 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.6%. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Monday, June 15th.

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

(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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Institutional Ownership by Quarter for iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

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