Janney Montgomery Scott LLC Has $10.58 Million Stock Holdings in iShares Core S&P U.S. Value ETF $IUSV

Janney Montgomery Scott LLC grew its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 54.5% in the 1st quarter, HoldingsChannel reports. The firm owned 103,513 shares of the company’s stock after acquiring an additional 36,509 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $10,584,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IUSV. Motco acquired a new stake in iShares Core S&P U.S. Value ETF during the 4th quarter worth about $29,000. Ransom Advisory Ltd purchased a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $35,000. Motiv8 Investments LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $35,000. Finally, Garton & Associates Financial Advisors LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $37,000.

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

iShares Core S&P U.S. Value ETF stock opened at $111.58 on Friday. iShares Core S&P U.S. Value ETF has a fifty-two week low of $93.91 and a fifty-two week high of $111.61. The firm’s 50 day simple moving average is $109.33 and its 200-day simple moving average is $106.25. The company has a market cap of $26.78 billion, a P/E ratio of 20.41 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 Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.4504 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.80 dividend on an annualized basis and a yield of 1.6%. This is a positive change 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

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.