Western Wealth Management LLC Raises Holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Posted by Bob Marten on Apr 19th, 2024

Western Wealth Management LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Free Report) by 8.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 23,829 shares of the company’s stock after acquiring an additional 1,789 shares during the quarter. Western Wealth Management LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $2,010,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. MUFG Americas Holdings Corp purchased a new position in iShares Core S&P U.S. Value ETF in the third quarter worth $26,000. Patriot Investment Management Group Inc. acquired a new position in iShares Core S&P U.S. Value ETF during the fourth quarter valued at $27,000. GHP Investment Advisors Inc. acquired a new position in iShares Core S&P U.S. Value ETF during the third quarter valued at $38,000. FAS Wealth Partners Inc. acquired a new position in iShares Core S&P U.S. Value ETF during the third quarter valued at $38,000. Finally, Resurgent Financial Advisors LLC acquired a new position in iShares Core S&P U.S. Value ETF during the fourth quarter valued at $39,000.

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

NASDAQ IUSV traded up $0.63 on Friday, reaching $86.21. 135,904 shares of the company’s stock traded hands, compared to its average volume of 644,043. The firm has a market cap of $16.47 billion, a price-to-earnings ratio of 22.95 and a beta of 0.95. The stock has a 50 day moving average price of $87.56 and a 200-day moving average price of $82.58. iShares Core S&P U.S. Value ETF has a fifty-two week low of $71.27 and a fifty-two week high of $90.64.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a dividend of $0.4397 per share. The ex-dividend date was Thursday, March 21st. This represents a $1.76 dividend on an annualized basis and a yield of 2.04%.

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

(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.