Trek Financial LLC increased its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Free Report) by 315.3% during the third quarter, Holdings Channel reports. The institutional investor owned 152,072 shares of the company’s stock after purchasing an additional 115,451 shares during the period. iShares Core S&P U.S. Value ETF comprises about 0.8% of Trek Financial LLC’s portfolio, making the stock its 27th largest holding. Trek Financial LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $16,770,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IUSV. Envestnet Asset Management Inc. lifted its stake in iShares Core S&P U.S. Value ETF by 5.7% in the second quarter. Envestnet Asset Management Inc. now owns 7,575,951 shares of the company’s stock valued at $834,477,000 after purchasing an additional 410,930 shares during the last quarter. Signaturefd LLC bought a new stake in iShares Core S&P U.S. Value ETF during the 3rd quarter worth approximately $559,762,000. Aspiriant LLC bought a new stake in iShares Core S&P U.S. Value ETF during the third quarter valued at $415,952,000. Royal Bank of Canada raised its holdings in shares of iShares Core S&P U.S. Value ETF by 2.0% in the 1st quarter. Royal Bank of Canada now owns 1,508,476 shares of the company’s stock valued at $154,242,000 after acquiring an additional 29,887 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in iShares Core S&P U.S. Value ETF by 18.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,437,925 shares of the company’s stock valued at $147,028,000 after purchasing an additional 218,862 shares during the last quarter.
iShares Core S&P U.S. Value ETF Stock Performance
Shares of NASDAQ:IUSV opened at $115.71 on Monday. The stock’s 50-day moving average price is $113.50 and its 200-day moving average price is $109.49. The stock has a market capitalization of $28.42 billion, a P/E ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a 12-month low of $98.22 and a 12-month high of $116.66.
iShares Core S&P U.S. Value ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $0.4911 dividend. This represents a $1.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date 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 Company 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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Want to see what other hedge funds are holding IUSV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Free Report).
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