Parallel Advisors LLC boosted its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Free Report) by 953.0% in the third quarter, Holdings Channel reports. The firm owned 48,457 shares of the company’s stock after purchasing an additional 43,855 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $5,344,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Kings Path Partners LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF during the 3rd quarter worth about $27,000. FAS Wealth Partners Inc. bought a new position in shares of iShares Core S&P U.S. Value ETF in the 1st quarter valued at about $29,000. Bell Investment Advisors Inc grew its holdings in shares of iShares Core S&P U.S. Value ETF by 45.3% in the 3rd quarter. Bell Investment Advisors Inc now owns 375 shares of the company’s stock valued at $41,000 after acquiring an additional 117 shares in the last quarter. Creative Capital Management Investments LLC bought a new position in shares of iShares Core S&P U.S. Value ETF in the 3rd quarter valued at about $45,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the first quarter valued at about $48,000.
iShares Core S&P U.S. Value ETF Stock Performance
NASDAQ:IUSV opened at $113.88 on Friday. iShares Core S&P U.S. Value ETF has a 52-week low of $98.22 and a 52-week high of $118.29. The company has a market cap of $28.05 billion, a P/E ratio of 21.93 and a beta of 0.83. The stock’s 50-day simple moving average is $113.54 and its 200 day simple moving average is $109.75.
iShares Core S&P U.S. Value ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a $0.4911 dividend. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.4504. This represents a $1.96 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Tuesday, September 15th.
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.
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