Commonwealth Equity Services LLC purchased a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 694,196 shares of the company’s stock, valued at approximately $76,556,000.
A number of other hedge funds have also recently made changes to their positions in the stock. Pathway Financial Advisers LLC bought a new stake in shares of iShares Core S&P U.S. Value ETF in the 3rd quarter valued at about $86,000. Verity Asset Management Inc. lifted its holdings in iShares Core S&P U.S. Value ETF by 1.1% during the third quarter. Verity Asset Management Inc. now owns 9,736 shares of the company’s stock worth $1,074,000 after buying an additional 107 shares during the period. Integrity Alliance LLC. purchased a new stake in iShares Core S&P U.S. Value ETF during the third quarter worth $8,206,000. Moneywise Inc. bought a new stake in iShares Core S&P U.S. Value ETF during the 3rd quarter valued at $874,000. Finally, Hopwood Financial Services Inc. boosted its position in iShares Core S&P U.S. Value ETF by 31.1% during the 3rd quarter. Hopwood Financial Services Inc. now owns 3,160 shares of the company’s stock valued at $348,000 after acquiring an additional 750 shares in the last quarter.
iShares Core S&P U.S. Value ETF Stock Down 0.4%
Shares of NASDAQ IUSV traded down $0.45 during mid-day trading on Friday, reaching $113.88. 837,133 shares of the company were exchanged, compared to its average volume of 823,665. The firm has a 50-day moving average of $113.54 and a 200 day moving average of $109.75. iShares Core S&P U.S. Value ETF has a 1 year low of $98.22 and a 1 year high of $118.29. The stock has a market cap of $28.00 billion, a price-to-earnings ratio of 21.93 and a beta of 0.83.
iShares Core S&P U.S. Value ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.4911 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 15th. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.4504.
iShares Core S&P U.S. Value ETF Profile
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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