Steele Capital Management Inc. Buys New Shares in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Steele Capital Management Inc. bought a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the fourth quarter, Holdings Channel reports. The fund bought 222,272 shares of the company’s stock, valued at approximately $18,744,000. iShares Core S&P U.S. Value ETF comprises about 1.2% of Steele Capital Management Inc.’s holdings, making the stock its 21st largest position.

A number of other hedge funds also recently bought and sold shares of IUSV. Venturi Wealth Management LLC lifted its position in iShares Core S&P U.S. Value ETF by 53.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 826,452 shares of the company’s stock worth $61,673,000 after buying an additional 287,294 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new stake in iShares Core S&P U.S. Value ETF in the third quarter valued at approximately $18,672,000. Signaturefd LLC grew its position in iShares Core S&P U.S. Value ETF by 4.9% in the fourth quarter. Signaturefd LLC now owns 4,218,026 shares of the company’s stock worth $355,706,000 after acquiring an additional 196,239 shares in the last quarter. Townsend & Associates Inc increased its stake in shares of iShares Core S&P U.S. Value ETF by 67.4% during the 3rd quarter. Townsend & Associates Inc now owns 457,268 shares of the company’s stock worth $32,685,000 after purchasing an additional 184,115 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of iShares Core S&P U.S. Value ETF by 32.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 693,306 shares of the company’s stock valued at $58,466,000 after acquiring an additional 168,249 shares during the last quarter.

iShares Core S&P U.S. Value ETF Trading Up 0.5 %

iShares Core S&P U.S. Value ETF stock traded up $0.41 during trading hours on Monday, reaching $87.53. 602,344 shares of the company were exchanged, compared to its average volume of 638,147. The stock has a 50-day moving average of $87.78 and a 200 day moving average of $83.25. The firm has a market cap of $16.86 billion, a price-to-earnings ratio of 22.53 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 12 month low of $71.27 and a 12 month 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. Stockholders 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 dividend yield of 2.01%. The ex-dividend date of this dividend 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.