Strategic Financial Concepts LLC Invests $1.10 Million in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Strategic Financial Concepts LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 11,866 shares of the company’s stock, valued at approximately $1,099,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Valued Wealth Advisors LLC increased its holdings in shares of iShares Core S&P U.S. Value ETF by 891.2% in the third quarter. Valued Wealth Advisors LLC now owns 337 shares of the company’s stock valued at $32,000 after purchasing an additional 303 shares during the period. Capital Performance Advisors LLP purchased a new position in iShares Core S&P U.S. Value ETF in the 3rd quarter valued at $32,000. Mogy Joel R Investment Counsel Inc. increased its stake in iShares Core S&P U.S. Value ETF by 278.8% in the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 375 shares of the company’s stock valued at $35,000 after buying an additional 276 shares during the period. Hager Investment Management Services LLC purchased a new position in iShares Core S&P U.S. Value ETF during the 4th quarter worth $36,000. Finally, Global Wealth Strategies & Associates lifted its stake in shares of iShares Core S&P U.S. Value ETF by 293.6% in the 4th quarter. Global Wealth Strategies & Associates now owns 429 shares of the company’s stock worth $40,000 after acquiring an additional 320 shares during the period.

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

Shares of iShares Core S&P U.S. Value ETF stock opened at $95.89 on Wednesday. The firm has a market cap of $20.29 billion, a price-to-earnings ratio of 22.14 and a beta of 0.96. iShares Core S&P U.S. Value ETF has a 52-week low of $85.17 and a 52-week high of $100.29. The company’s 50-day simple moving average is $94.25 and its 200-day simple moving average is $94.83.

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

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.5456 per share. The ex-dividend date was Tuesday, December 17th.

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.