iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Position Raised by Blue Trust Inc.

Blue Trust Inc. raised its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 2.7% during the first quarter, HoldingsChannel reports. The firm owned 4,781,288 shares of the company’s stock after buying an additional 126,649 shares during the quarter. iShares Core S&P U.S. Value ETF comprises 5.7% of Blue Trust Inc.’s holdings, making the stock its 5th largest position. Blue Trust Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $441,265,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IUSV. Bank of America Corp DE raised its position in iShares Core S&P U.S. Value ETF by 9.2% during the fourth quarter. Bank of America Corp DE now owns 71,600,707 shares of the company’s stock valued at $6,629,509,000 after purchasing an additional 6,014,153 shares during the period. Raymond James Financial Inc. bought a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter valued at approximately $130,844,000. Merit Financial Group LLC grew its stake in shares of iShares Core S&P U.S. Value ETF by 33.6% during the first quarter. Merit Financial Group LLC now owns 2,409,463 shares of the company’s stock valued at $222,369,000 after buying an additional 606,410 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares Core S&P U.S. Value ETF by 3.5% during the fourth quarter. LPL Financial LLC now owns 13,821,490 shares of the company’s stock valued at $1,279,732,000 after buying an additional 469,411 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of iShares Core S&P U.S. Value ETF by 10.9% during the fourth quarter. Jones Financial Companies Lllp now owns 4,306,885 shares of the company’s stock valued at $398,774,000 after buying an additional 422,706 shares during the last quarter.

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

IUSV opened at $92.05 on Thursday. The stock has a market cap of $20.24 billion, a price-to-earnings ratio of 20.59 and a beta of 0.95. The stock’s 50 day moving average price is $90.16 and its 200-day moving average price is $92.35. iShares Core S&P U.S. Value ETF has a one year low of $80.14 and a one year high of $100.29.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, June 16th will be given a dividend of $0.4318 per share. This represents a $1.73 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend is Monday, June 16th. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.42.

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.