Royal Bank of Canada Boosts Stock Holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Royal Bank of Canada grew its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 9.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,131,772 shares of the company’s stock after purchasing an additional 97,865 shares during the quarter. Royal Bank of Canada owned approximately 0.54% of iShares Core S&P U.S. Value ETF worth $104,790,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Quantinno Capital Management LP increased its holdings in shares of iShares Core S&P U.S. Value ETF by 4.3% during the 4th quarter. Quantinno Capital Management LP now owns 6,599 shares of the company’s stock valued at $611,000 after purchasing an additional 273 shares in the last quarter. McGowan Group Asset Management Inc. increased its holdings in shares of iShares Core S&P U.S. Value ETF by 3.7% during the 4th quarter. McGowan Group Asset Management Inc. now owns 3,822 shares of the company’s stock valued at $354,000 after purchasing an additional 138 shares in the last quarter. Investor s Fiduciary Advisor Network LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF during the 4th quarter valued at approximately $427,000. Gotham Asset Management LLC increased its holdings in shares of iShares Core S&P U.S. Value ETF by 108.3% during the 4th quarter. Gotham Asset Management LLC now owns 20,805 shares of the company’s stock valued at $1,926,000 after purchasing an additional 10,818 shares in the last quarter. Finally, Francis Financial Inc. purchased a new position in shares of iShares Core S&P U.S. Value ETF during the 4th quarter valued at approximately $311,000.

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

iShares Core S&P U.S. Value ETF stock opened at $93.05 on Tuesday. The company’s fifty day moving average price is $89.17 and its 200 day moving average price is $93.17. iShares Core S&P U.S. Value ETF has a 1 year low of $80.14 and a 1 year high of $100.29. The stock has a market capitalization of $20.46 billion, a P/E ratio of 20.59 and a beta of 0.95.

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

The business also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a $0.3667 dividend. The ex-dividend date was Tuesday, March 18th.

About iShares Core S&P U.S. Value ETF

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.