Envestnet Asset Management Inc. Purchases 410,930 Shares of iShares Core S&P U.S. Value ETF $IUSV

Envestnet Asset Management Inc. increased its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 5.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,575,951 shares of the company’s stock after buying an additional 410,930 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $834,477,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Auto Owners Insurance Co boosted its stake in 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 valued at $13,896,102,000 after buying an additional 138,097,020 shares during the last quarter. Valpey Financial Services LLC increased its stake in iShares Core S&P U.S. Value ETF by 10,060.9% in the 4th quarter. Valpey Financial Services LLC now owns 2,962,216 shares of the company’s stock worth $303,746,000 after acquiring an additional 2,933,063 shares during the last quarter. Canandaigua National Bank & Trust Co. bought a new stake in iShares Core S&P U.S. Value ETF in the 2nd quarter worth approximately $89,063,000. BTG Pactual Asset Management US LLC purchased a new stake in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter worth approximately $77,306,000. Finally, LPL Financial LLC raised its holdings in shares of 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 worth $1,682,326,000 after acquiring an additional 569,611 shares in the last quarter.

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

Shares of NASDAQ IUSV traded down $0.57 during midday trading on Wednesday, reaching $112.07. 621,027 shares of the stock traded hands, compared to its average volume of 852,069. The stock has a market capitalization of $27.36 billion, a PE ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a one year low of $97.94 and a one year high of $116.19. The company’s 50 day moving average is $113.63 and its 200 day moving average is $109.57.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a dividend of $0.4911 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.45. This represents a $1.96 dividend on an annualized basis and a yield of 1.8%.

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.