OLD Point Trust & Financial Services N A Buys 745 Shares of iShares Core S&P U.S. Value ETF $IUSV

OLD Point Trust & Financial Services N A raised its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 11.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,365 shares of the company’s stock after buying an additional 745 shares during the period. OLD Point Trust & Financial Services N A’s holdings in iShares Core S&P U.S. Value ETF were worth $697,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its position in iShares Core S&P U.S. Value ETF by 4.4% in the first quarter. LPL Financial LLC now owns 14,434,118 shares of the company’s stock valued at $1,332,125,000 after buying an additional 612,628 shares in the last quarter. Blue Trust Inc. boosted its position in iShares Core S&P U.S. Value ETF by 1.6% in the second quarter. Blue Trust Inc. now owns 4,856,346 shares of the company’s stock valued at $459,556,000 after buying an additional 75,058 shares in the last quarter. Jones Financial Companies Lllp boosted its position in iShares Core S&P U.S. Value ETF by 12.2% in the first quarter. Jones Financial Companies Lllp now owns 4,831,365 shares of the company’s stock valued at $441,698,000 after buying an additional 524,480 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Core S&P U.S. Value ETF by 4.3% in the first quarter. Envestnet Asset Management Inc. now owns 4,599,418 shares of the company’s stock valued at $424,480,000 after buying an additional 188,313 shares in the last quarter. Finally, Signaturefd LLC boosted its position in iShares Core S&P U.S. Value ETF by 0.5% in the second quarter. Signaturefd LLC now owns 4,483,865 shares of the company’s stock valued at $424,308,000 after buying an additional 23,385 shares in the last quarter.

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

Shares of NASDAQ IUSV opened at $100.64 on Thursday. iShares Core S&P U.S. Value ETF has a 52-week low of $80.14 and a 52-week high of $101.41. The firm has a 50 day moving average price of $99.10 and a two-hundred day moving average price of $94.50. The stock has a market cap of $23.33 billion, a P/E ratio of 20.41 and a beta of 0.95.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a $0.4714 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.89 dividend on an annualized basis and a dividend yield of 1.9%. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43.

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.