Kestra Advisory Services LLC Buys 37,609 Shares of iShares Core S&P U.S. Value ETF $IUSV

Kestra Advisory Services LLC increased its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 22.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,404 shares of the company’s stock after purchasing an additional 37,609 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.09% of iShares Core S&P U.S. Value ETF worth $21,105,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Motco bought a new stake in shares of iShares Core S&P U.S. Value ETF during the fourth quarter worth $29,000. Ransom Advisory Ltd acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the 4th quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the 4th quarter valued at $35,000. Motiv8 Investments LLC bought a new stake in iShares Core S&P U.S. Value ETF during the 4th quarter worth $35,000. Finally, Physician Wealth Advisors Inc. bought a new stake in iShares Core S&P U.S. Value ETF during the 1st quarter worth $36,000.

iShares Core S&P U.S. Value ETF Trading Up 0.3%

IUSV traded up $0.31 on Friday, reaching $111.71. The stock had a trading volume of 418,888 shares, compared to its average volume of 980,475. The company has a market capitalization of $27.00 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a fifty-two week low of $93.91 and a fifty-two week high of $112.48. The firm has a 50-day moving average of $109.89 and a 200-day moving average of $106.60.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.4504 dividend. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date was Monday, June 15th. This represents a $1.80 dividend on an annualized basis and a yield of 1.6%.

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.