Independent Financial Group LLC Purchases Shares of 7,983 iShares Core S&P U.S. Value ETF $IUSV

Independent Financial Group LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,983 shares of the company’s stock, valued at approximately $816,000.

A number of other institutional investors have also modified their holdings of the stock. Motco acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 4th quarter valued at about $29,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter worth about $35,000. Motiv8 Investments LLC purchased a new position in iShares Core S&P U.S. Value ETF during the fourth quarter valued at approximately $35,000. Physician Wealth Advisors Inc. purchased a new position in iShares Core S&P U.S. Value ETF during the first quarter valued at approximately $36,000. Finally, Garton & Associates Financial Advisors LLC purchased a new position in iShares Core S&P U.S. Value ETF during the fourth quarter valued at approximately $37,000.

iShares Core S&P U.S. Value ETF Trading Up 0.4%

Shares of NASDAQ:IUSV opened at $111.77 on Wednesday. iShares Core S&P U.S. Value ETF has a 12-month low of $93.91 and a 12-month high of $113.25. The business has a 50 day moving average of $110.34 and a two-hundred day moving average of $107.05. The company has a market capitalization of $27.09 billion, a PE 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 issued a dividend of $0.4504 per share. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.80 annualized dividend and a dividend yield of 1.6%.

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.