iShares Core S&P U.S. Value ETF $IUSV Stake Lifted by Salus Financial Advisors LLC

Salus Financial Advisors LLC grew its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 8.8% during the first quarter, HoldingsChannel reports. The firm owned 225,265 shares of the company’s stock after buying an additional 18,274 shares during the period. iShares Core S&P U.S. Value ETF accounts for 13.4% of Salus Financial Advisors LLC’s portfolio, making the stock its 3rd largest position. Salus Financial Advisors LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $23,033,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Auto Owners Insurance Co grew its stake in shares of iShares Core S&P U.S. Value ETF by 15,983.5% in 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 in the last quarter. Bank of America Corp DE lifted its position in iShares Core S&P U.S. Value ETF by 3.9% during the 4th quarter. Bank of America Corp DE now owns 83,401,630 shares of the company’s stock worth $8,552,003,000 after acquiring an additional 3,168,089 shares in the last quarter. LPL Financial LLC lifted its position 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 worth $1,682,326,000 after acquiring an additional 569,611 shares in the last quarter. Morgan Stanley boosted its holdings in iShares Core S&P U.S. Value ETF by 7.0% in the 4th quarter. Morgan Stanley now owns 9,720,751 shares of the company’s stock worth $996,766,000 after acquiring an additional 639,948 shares during the period. Finally, Signaturefd LLC boosted its holdings in iShares Core S&P U.S. Value ETF by 1.9% in the 4th quarter. Signaturefd LLC now owns 4,573,759 shares of the company’s stock worth $468,993,000 after acquiring an additional 84,650 shares during the period.

iShares Core S&P U.S. Value ETF Stock Down 0.1%

Shares of NASDAQ:IUSV opened at $110.15 on Wednesday. iShares Core S&P U.S. Value ETF has a 52-week low of $93.91 and a 52-week high of $111.50. The company has a 50 day moving average of $109.16 and a two-hundred day moving average of $106.15. The company has a market capitalization of $26.07 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.4504 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.6%. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date was Monday, June 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.