Oarsman Capital Inc. Makes New Investment in iShares Core S&P U.S. Value ETF $IUSV

Oarsman Capital Inc. bought a new stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 30,925 shares of the company’s stock, valued at approximately $3,406,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Auto Owners Insurance Co grew its position in shares of iShares Core S&P U.S. Value ETF by 15,983.5% during the fourth quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock worth $13,896,102,000 after buying an additional 138,097,020 shares in the last quarter. Bank of America Corp DE raised its holdings in iShares Core S&P U.S. Value ETF by 3.9% in the fourth quarter. Bank of America Corp DE now owns 83,401,630 shares of the company’s stock valued at $8,552,003,000 after acquiring an additional 3,168,089 shares in the last quarter. LPL Financial LLC boosted its stake in iShares Core S&P U.S. Value ETF by 3.6% during the 4th quarter. LPL Financial LLC now owns 16,406,531 shares of the company’s stock valued at $1,682,326,000 after acquiring an additional 569,611 shares during the last quarter. Morgan Stanley boosted its stake in iShares Core S&P U.S. Value ETF by 7.0% during the 4th quarter. Morgan Stanley now owns 9,720,751 shares of the company’s stock valued at $996,766,000 after acquiring an additional 639,948 shares during the last quarter. Finally, Kestra Investment Management LLC grew its holdings in iShares Core S&P U.S. Value ETF by 11.9% during the 4th quarter. Kestra Investment Management LLC now owns 3,772,169 shares of the company’s stock worth $386,798,000 after acquiring an additional 401,238 shares in the last quarter.

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

Shares of IUSV stock opened at $114.89 on Monday. The firm has a fifty day moving average of $112.70 and a two-hundred day moving average of $108.79. The firm has a market cap of $27.81 billion, a P/E ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a 1-year low of $97.64 and a 1-year high of $116.19.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.4504 per share. The ex-dividend date of this dividend 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. This represents a $1.80 annualized dividend and a dividend yield of 1.6%.

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.