Tennessee Valley Asset Management Partners Takes Position in iShares Core S&P U.S. Value ETF $IUSV

Tennessee Valley Asset Management Partners purchased a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 12,494 shares of the company’s stock, valued at approximately $1,249,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of IUSV. Symphony Financial Ltd. Co. increased its position in shares of iShares Core S&P U.S. Value ETF by 2,455.4% in the second quarter. Symphony Financial Ltd. Co. now owns 2,438,808 shares of the company’s stock worth $230,894,000 after acquiring an additional 2,343,370 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares Core S&P U.S. Value ETF by 3.0% in the 2nd quarter. Bank of America Corp DE now owns 74,402,651 shares of the company’s stock valued at $7,040,723,000 after acquiring an additional 2,194,422 shares in the last quarter. Foster Group Inc. purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the 3rd quarter valued at approximately $103,889,000. Envestnet Asset Management Inc. boosted its stake in iShares Core S&P U.S. Value ETF by 10.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,808,875 shares of the company’s stock worth $580,597,000 after purchasing an additional 556,434 shares during the period. Finally, Jones Financial Companies Lllp grew its position in iShares Core S&P U.S. Value ETF by 7.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 6,130,302 shares of the company’s stock worth $609,850,000 after purchasing an additional 432,247 shares in the last quarter.

iShares Core S&P U.S. Value ETF Stock Down 0.3%

Shares of NASDAQ:IUSV opened at $103.90 on Thursday. The company’s fifty day moving average is $105.72 and its two-hundred day moving average is $102.45. The company has a market cap of $23.98 billion, a P/E ratio of 20.41 and a beta of 0.90. iShares Core S&P U.S. Value ETF has a 12-month low of $80.14 and a 12-month high of $108.20.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.5515 per share. This represents a $2.21 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Tuesday, December 16th. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47.

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.