Pure Financial Advisors Inc. raised its position in iShares Russell 3000 Value Index (BMV:IUSV) by 124.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 21,902 shares of the company’s stock after buying an additional 12,158 shares during the quarter. Pure Financial Advisors Inc.’s holdings in iShares Russell 3000 Value Index were worth $1,075,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Confluence Investment Management LLC increased its holdings in iShares Russell 3000 Value Index by 4,367.1% in the fourth quarter. Confluence Investment Management LLC now owns 595,505 shares of the company’s stock valued at $29,233,000 after buying an additional 582,174 shares during the last quarter. Private Trust Co. NA boosted its stake in shares of iShares Russell 3000 Value Index by 108.8% during the fourth quarter. Private Trust Co. NA now owns 18,471 shares of the company’s stock worth $906,000 after buying an additional 9,624 shares during the period. Personal Financial Consultants Inc. ADV acquired a new stake in iShares Russell 3000 Value Index in the third quarter valued at about $827,000. Sequoia Wealth Management LLC lifted its position in iShares Russell 3000 Value Index by 31.8% in the third quarter. Sequoia Wealth Management LLC now owns 10,789 shares of the company’s stock valued at $611,000 after purchasing an additional 2,606 shares during the period. Finally, Morgan Stanley lifted its position in iShares Russell 3000 Value Index by 18.9% in the third quarter. Morgan Stanley now owns 1,061,192 shares of the company’s stock valued at $59,830,000 after purchasing an additional 168,515 shares during the period.

Shares of IUSV traded down $0.07 during mid-day trading on Friday, reaching $50.94. iShares Russell 3000 Value Index has a 12-month low of $905.35 and a 12-month high of $1,088.00.

The company also recently announced a quarterly dividend, which was paid on Friday, December 21st. Investors of record on Tuesday, December 18th were given a dividend of $0.3484 per share. The ex-dividend date of this dividend was Monday, December 17th. This represents a $1.39 dividend on an annualized basis and a yield of 2.74%. This is a positive change from iShares Russell 3000 Value Index’s previous quarterly dividend of $0.32.

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Institutional Ownership by Quarter for iShares Russell 3000 Value Index (BMV:IUSV)

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