Benjamin Edwards Inc. Increases Stock Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Benjamin Edwards Inc. raised its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 8.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,711 shares of the company’s stock after purchasing an additional 541 shares during the period. Benjamin Edwards Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $566,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. NBC Securities Inc. purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the third quarter valued at about $50,000. Aptus Capital Advisors LLC lifted its stake in shares of iShares Core S&P U.S. Value ETF by 282.8% during the third quarter. Aptus Capital Advisors LLC now owns 777 shares of the company’s stock valued at $58,000 after buying an additional 574 shares during the period. Fifth Third Bancorp lifted its stake in shares of iShares Core S&P U.S. Value ETF by 2,965.8% during the third quarter. Fifth Third Bancorp now owns 1,165 shares of the company’s stock valued at $87,000 after buying an additional 1,127 shares during the period. Zions Bancorporation N.A. purchased a new position in shares of iShares Core S&P U.S. Value ETF during the third quarter valued at approximately $106,000. Finally, Sound Income Strategies LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter valued at approximately $106,000.

iShares Core S&P U.S. Value ETF Stock Up 0.5 %

Shares of IUSV traded up $0.45 on Friday, hitting $87.28. 342,516 shares of the stock traded hands, compared to its average volume of 631,933. The firm has a market capitalization of $16.81 billion, a P/E ratio of 22.53 and a beta of 0.95. The stock’s 50 day moving average is $87.84 and its two-hundred day moving average is $83.47. iShares Core S&P U.S. Value ETF has a 1 year low of $71.27 and a 1 year high of $90.64.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were paid a dividend of $0.4397 per share. This represents a $1.76 annualized dividend and a dividend yield of 2.02%. The ex-dividend date was Thursday, March 21st.

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.