Royal Bank of Canada Boosts Stake in iShares Core S&P U.S. Value ETF $IUSV

Royal Bank of Canada increased its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 2.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,508,476 shares of the company’s stock after acquiring an additional 29,887 shares during the period. Royal Bank of Canada owned approximately 0.64% of iShares Core S&P U.S. Value ETF worth $154,242,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. High Probability Advisors LLC lifted its holdings in iShares Core S&P U.S. Value ETF by 3.0% during the 4th quarter. High Probability Advisors LLC now owns 171,585 shares of the company’s stock worth $17,594,000 after purchasing an additional 4,956 shares during the last quarter. Duncan Williams Asset Management LLC boosted its stake in iShares Core S&P U.S. Value ETF by 31.3% in the 4th quarter. Duncan Williams Asset Management LLC now owns 272,824 shares of the company’s stock valued at $29,217,000 after purchasing an additional 65,030 shares during the period. Atlantic Edge Private Wealth Management LLC grew its holdings in iShares Core S&P U.S. Value ETF by 140.3% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 10,815 shares of the company’s stock valued at $1,109,000 after buying an additional 6,315 shares in the last quarter. Robertson Stephens Wealth Management LLC grew its holdings in iShares Core S&P U.S. Value ETF by 422.5% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 61,602 shares of the company’s stock valued at $6,317,000 after buying an additional 49,812 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in iShares Core S&P U.S. Value ETF by 3.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 387,312 shares of the company’s stock worth $39,715,000 after buying an additional 13,927 shares during the period.

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

IUSV opened at $112.54 on Friday. iShares Core S&P U.S. Value ETF has a fifty-two week low of $93.91 and a fifty-two week high of $113.86. The company has a market capitalization of $27.23 billion, a P/E ratio of 20.41 and a beta of 0.83. The stock has a fifty day moving average of $110.84 and a 200-day moving average of $107.46.

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

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

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.