Royal Bank of Canada Buys 29,887 Shares of iShares Core S&P U.S. Value ETF $IUSV

Royal Bank of Canada increased its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSVFree Report) by 2.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,508,476 shares of the company’s stock after buying an additional 29,887 shares during the quarter. Royal Bank of Canada’s holdings in iShares Core S&P U.S. Value ETF were worth $154,242,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. 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 increased its position in shares of iShares Core S&P U.S. Value ETF by 3.9% in the fourth quarter. Bank of America Corp DE now owns 83,401,630 shares of the company’s stock worth $8,552,003,000 after purchasing an additional 3,168,089 shares during the period. LPL Financial LLC increased its position in shares of iShares Core S&P U.S. Value ETF by 3.6% in the fourth quarter. LPL Financial LLC now owns 16,406,531 shares of the company’s stock worth $1,682,326,000 after purchasing an additional 569,611 shares during the period. Morgan Stanley increased its position in shares of iShares Core S&P U.S. Value ETF by 7.0% in the fourth quarter. Morgan Stanley now owns 9,720,751 shares of the company’s stock worth $996,766,000 after purchasing an additional 639,948 shares during the period. Finally, Signaturefd LLC raised its stake in iShares Core S&P U.S. Value ETF by 1.9% in the fourth quarter. Signaturefd LLC now owns 4,573,759 shares of the company’s stock valued at $468,993,000 after purchasing an additional 84,650 shares in the last quarter.

iShares Core S&P U.S. Value ETF Stock Down 0.1%

IUSV opened at $112.54 on Friday. iShares Core S&P U.S. Value ETF has a twelve month low of $93.91 and a twelve month high of $113.86. The company has a 50-day simple moving average of $110.84 and a 200 day simple moving average of $107.46. The stock has a market capitalization of $27.23 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.4504 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, June 15th. This is a boost 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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Institutional Ownership by Quarter for iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

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