Kestra Private Wealth Services LLC Raises Stock Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Kestra Private Wealth Services LLC lifted its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 13.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 279,339 shares of the company’s stock after buying an additional 33,393 shares during the period. iShares Core S&P U.S. Value ETF makes up 0.6% of Kestra Private Wealth Services LLC’s holdings, making the stock its 25th largest holding. Kestra Private Wealth Services LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $23,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the company. FAS Wealth Partners Inc. acquired a new stake in iShares Core S&P U.S. Value ETF in the third quarter valued at $38,000. NBC Securities Inc. purchased a new position in iShares Core S&P U.S. Value ETF during the 3rd quarter valued at about $50,000. Aptus Capital Advisors LLC raised its position in iShares Core S&P U.S. Value ETF by 282.8% during the third quarter. Aptus Capital Advisors LLC now owns 777 shares of the company’s stock worth $58,000 after acquiring an additional 574 shares during the last quarter. Fifth Third Bancorp grew its position in shares of iShares Core S&P U.S. Value ETF by 2,965.8% in the third quarter. Fifth Third Bancorp now owns 1,165 shares of the company’s stock valued at $87,000 after purchasing an additional 1,127 shares during the last quarter. Finally, Zions Bancorporation N.A. purchased a new position in shares of iShares Core S&P U.S. Value ETF during the 3rd quarter worth approximately $106,000.

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

IUSV stock traded up $0.41 on Monday, reaching $87.53. The company had a trading volume of 602,344 shares, compared to its average volume of 638,147. The company’s fifty day moving average is $87.78 and its 200 day moving average is $83.25. The company has a market cap of $16.86 billion, a P/E ratio of 22.53 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 1 year low of $71.27 and a 1 year high of $90.64.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a dividend of $0.4397 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date was Thursday, March 21st.

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.