iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) is Birchcreek Wealth Management LLC’s 4th Largest Position

Posted by Teresa Graham on Apr 29th, 2024

Birchcreek Wealth Management LLC increased its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Free Report) by 9.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,816 shares of the company’s stock after buying an additional 9,979 shares during the period. iShares Core S&P U.S. Value ETF accounts for 5.6% of Birchcreek Wealth Management LLC’s portfolio, making the stock its 4th largest position. Birchcreek Wealth Management LLC owned approximately 0.06% of iShares Core S&P U.S. Value ETF worth $9,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

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

Shares of NASDAQ IUSV traded up $0.44 during trading on Monday, reaching $87.56. The company had a trading volume of 417,685 shares, compared to its average volume of 635,790. The business’s 50-day moving average is $87.78 and its 200 day moving average is $83.25. The stock has a market cap of $16.83 billion, a PE 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 company 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 annualized dividend and a yield of 2.01%. The ex-dividend date of this dividend was Thursday, March 21st.

About iShares Core S&P U.S. Value ETF

(Free Report)

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.