JNBA Financial Advisors Makes New $8.32 Million Investment in iShares Core S&P U.S. Value ETF $IUSV

JNBA Financial Advisors bought a new stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSVFree Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 68,061 shares of the company’s stock, valued at approximately $8,322,000. iShares Core S&P U.S. Value ETF accounts for about 0.4% of JNBA Financial Advisors’ portfolio, making the stock its 28th biggest holding.

A number of other hedge funds have also made changes to their positions in the company. Motco purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the 4th quarter worth about $29,000. FAS Wealth Partners Inc. purchased a new position in iShares Core S&P U.S. Value ETF during the 1st quarter valued at about $29,000. Motiv8 Investments LLC purchased a new position in iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $35,000. Physician Wealth Advisors Inc. purchased a new position in iShares Core S&P U.S. Value ETF during the 1st quarter valued at about $36,000. Finally, Garton & Associates Financial Advisors LLC acquired a new position in iShares Core S&P U.S. Value ETF during the fourth quarter worth about $37,000.

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

Shares of NASDAQ IUSV opened at $114.89 on Monday. The firm’s 50-day moving average is $112.70 and its two-hundred day moving average is $108.79. The company has a market capitalization of $27.81 billion, a PE ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a 12-month low of $97.64 and a 12-month high of $116.19.

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

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

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

(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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Want to see what other hedge funds are holding IUSV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P U.S. Value ETF (NASDAQ:IUSVFree Report).

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

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