iShares Core S&P U.S. Value ETF $IUSV is PCA Investment Advisory Services Inc.’s 2nd Largest Position

PCA Investment Advisory Services Inc. boosted its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 7.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 257,007 shares of the company’s stock after buying an additional 18,650 shares during the period. iShares Core S&P U.S. Value ETF accounts for approximately 10.2% of PCA Investment Advisory Services Inc.’s portfolio, making the stock its 2nd largest position. PCA Investment Advisory Services Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $24,321,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Heritage Wealth Management Inc. Texas purchased a new stake in iShares Core S&P U.S. Value ETF in the second quarter worth about $305,000. Envestnet Asset Management Inc. lifted its holdings in iShares Core S&P U.S. Value ETF by 14.2% in the second quarter. Envestnet Asset Management Inc. now owns 5,252,441 shares of the company’s stock worth $497,039,000 after buying an additional 653,023 shares during the period. Brighton Jones LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 18.2% during the second quarter. Brighton Jones LLC now owns 3,507 shares of the company’s stock valued at $332,000 after purchasing an additional 540 shares during the last quarter. Waldron Private Wealth LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF during the second quarter valued at approximately $24,974,000. Finally, OLD Point Trust & Financial Services N A lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 11.3% during the second quarter. OLD Point Trust & Financial Services N A now owns 7,365 shares of the company’s stock valued at $697,000 after purchasing an additional 745 shares during the last quarter.

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

IUSV stock opened at $101.88 on Wednesday. The firm has a 50 day moving average price of $99.41 and a 200-day moving average price of $95.13. iShares Core S&P U.S. Value ETF has a 52-week low of $80.14 and a 52-week high of $102.46. The firm has a market capitalization of $23.63 billion, a price-to-earnings ratio of 20.41 and a beta of 0.90.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a dividend of $0.4714 per share. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43. This represents a $1.89 annualized dividend and a dividend yield of 1.9%.

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.