iShares Core S&P U.S. Value ETF $IUSV Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 18.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,437,925 shares of the company’s stock after purchasing an additional 218,862 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $147,028,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC purchased a new stake in iShares Core S&P U.S. Value ETF during the 1st quarter worth about $291,000. Alpha Zero LLC boosted its stake in shares of iShares Core S&P U.S. Value ETF by 2.0% in the 1st quarter. Alpha Zero LLC now owns 83,264 shares of the company’s stock valued at $8,514,000 after buying an additional 1,599 shares during the period. Scarborough Advisors LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the 1st quarter valued at about $204,000. Bessemer Group Inc. grew its position in shares of iShares Core S&P U.S. Value ETF by 52.7% during the first quarter. Bessemer Group Inc. now owns 11,523 shares of the company’s stock worth $1,178,000 after buying an additional 3,975 shares in the last quarter. Finally, One Day In July LLC grew its position in shares of iShares Core S&P U.S. Value ETF by 10.1% during the first quarter. One Day In July LLC now owns 13,495 shares of the company’s stock worth $1,380,000 after buying an additional 1,241 shares in the last quarter.

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

IUSV stock opened at $111.88 on Thursday. The company’s 50 day moving average price is $110.41 and its 200 day moving average price is $107.11. iShares Core S&P U.S. Value ETF has a fifty-two week low of $93.91 and a fifty-two week high of $113.25. The firm has a market capitalization of $27.12 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.4504 per share. 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 annualized dividend and a yield of 1.6%.

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.