Arwa LLC Buys New Shares in iShares Core S&P U.S. Value ETF $IUSV

Arwa LLC bought a new position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 4th quarter, Holdings Channel.com reports. The firm bought 93,266 shares of the company’s stock, valued at approximately $9,564,000. iShares Core S&P U.S. Value ETF makes up 5.6% of Arwa LLC’s investment portfolio, making the stock its 4th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Motco acquired a new position in shares of iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $29,000. Ransom Advisory Ltd acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth approximately $35,000. Motiv8 Investments LLC purchased a new stake in iShares Core S&P U.S. Value ETF in the fourth quarter valued at approximately $35,000. Finally, Garton & Associates Financial Advisors LLC purchased a new stake in iShares Core S&P U.S. Value ETF in the fourth quarter valued at approximately $37,000.

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

Shares of IUSV stock opened at $109.71 on Friday. The firm has a market capitalization of $25.97 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 one year low of $91.89 and a one year high of $111.50. The company has a 50 day moving average price of $108.56 and a 200 day moving average price of $105.76.

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

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

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.