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

Tennessee Valley Asset Management Partners acquired a new stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 3rd quarter, HoldingsChannel reports. The firm acquired 12,494 shares of the company’s stock, valued at approximately $1,249,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its stake in shares of iShares Core S&P U.S. Value ETF by 20.7% in the first quarter. AQR Capital Management LLC now owns 10,047 shares of the company’s stock worth $927,000 after acquiring an additional 1,725 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of iShares Core S&P U.S. Value ETF by 50.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock worth $52,071,000 after purchasing an additional 189,409 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 248.0% during the 1st quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock valued at $5,357,000 after buying an additional 41,366 shares during the last quarter. Bank of Montreal Can grew its stake in shares of iShares Core S&P U.S. Value ETF by 32.9% in the 2nd quarter. Bank of Montreal Can now owns 4,863 shares of the company’s stock valued at $460,000 after buying an additional 1,204 shares in the last quarter. Finally, AE Wealth Management LLC increased its holdings in iShares Core S&P U.S. Value ETF by 19.9% in the second quarter. AE Wealth Management LLC now owns 4,932 shares of the company’s stock worth $467,000 after buying an additional 818 shares during the last quarter.

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

Shares of IUSV opened at $103.90 on Thursday. The firm has a market cap of $23.98 billion, a PE ratio of 20.41 and a beta of 0.90. The firm’s 50 day moving average price is $105.72 and its 200 day moving average price is $102.45. iShares Core S&P U.S. Value ETF has a twelve month low of $80.14 and a twelve month high of $108.20.

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

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

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.