Foster Group Inc. Acquires Shares of 1,039,409 iShares Core S&P U.S. Value ETF $IUSV

Foster Group Inc. bought a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,039,409 shares of the company’s stock, valued at approximately $103,889,000. iShares Core S&P U.S. Value ETF makes up about 3.3% of Foster Group Inc.’s holdings, making the stock its 11th largest position.

A number of other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in iShares Core S&P U.S. Value ETF by 3.0% in the 2nd quarter. Bank of America Corp DE now owns 74,402,651 shares of the company’s stock worth $7,040,723,000 after acquiring an additional 2,194,422 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Core S&P U.S. Value ETF by 14.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,252,441 shares of the company’s stock valued at $497,039,000 after purchasing an additional 653,023 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of iShares Core S&P U.S. Value ETF by 1.6% in the 2nd quarter. Blue Trust Inc. now owns 4,856,346 shares of the company’s stock worth $459,556,000 after purchasing an additional 75,058 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of iShares Core S&P U.S. Value ETF by 12.2% in the first quarter. Jones Financial Companies Lllp now owns 4,831,365 shares of the company’s stock worth $441,698,000 after purchasing an additional 524,480 shares during the last quarter. Finally, Signaturefd LLC raised its stake in shares of iShares Core S&P U.S. Value ETF by 0.5% in the second quarter. Signaturefd LLC now owns 4,483,865 shares of the company’s stock worth $424,308,000 after purchasing an additional 23,385 shares during the last quarter.

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

Shares of NASDAQ:IUSV opened at $102.60 on Monday. iShares Core S&P U.S. Value ETF has a 1 year low of $80.14 and a 1 year high of $104.11. The company has a market cap of $23.85 billion, a P/E ratio of 20.41 and a beta of 0.90. The stock’s fifty day moving average price is $101.34 and its 200-day moving average price is $98.37.

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

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a dividend of $0.5515 per share. This represents a $2.21 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, December 16th. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47.

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

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.