IFS Group LLC Makes New Investment in iShares Core S&P U.S. Value ETF $IUSV

IFS Group LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the first quarter, Holdings Channel reports. The institutional investor acquired 14,011 shares of the company’s stock, valued at approximately $1,433,000. iShares Core S&P U.S. Value ETF comprises 1.3% of IFS Group LLC’s portfolio, making the stock its 22nd largest position.

Several other hedge funds have also modified their holdings of the stock. Prudent Investors Network Inc. boosted its holdings in iShares Core S&P U.S. Value ETF by 1.7% in the fourth quarter. Prudent Investors Network Inc. now owns 5,673 shares of the company’s stock valued at $582,000 after purchasing an additional 96 shares during the period. MFA Wealth Services increased its holdings in iShares Core S&P U.S. Value ETF by 0.4% during the 4th quarter. MFA Wealth Services now owns 23,848 shares of the company’s stock worth $2,445,000 after purchasing an additional 98 shares during the period. CBIZ Investment Advisory Services LLC raised its position in iShares Core S&P U.S. Value ETF by 8.1% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 1,329 shares of the company’s stock valued at $136,000 after purchasing an additional 100 shares in the last quarter. Litman Gregory Wealth Management LLC raised its position in iShares Core S&P U.S. Value ETF by 0.8% in the 4th quarter. Litman Gregory Wealth Management LLC now owns 13,253 shares of the company’s stock valued at $1,359,000 after purchasing an additional 100 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in shares of iShares Core S&P U.S. Value ETF by 2.1% in the 4th quarter. Parallel Advisors LLC now owns 4,861 shares of the company’s stock valued at $499,000 after buying an additional 101 shares during the period.

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

Shares of IUSV opened at $112.62 on Thursday. iShares Core S&P U.S. Value ETF has a 1 year low of $93.91 and a 1 year high of $113.86. The stock has a market capitalization of $27.25 billion, a PE ratio of 20.41 and a beta of 0.83. The stock has a 50-day simple moving average of $110.78 and a 200-day simple moving average of $107.41.

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. Investors of record on Monday, June 15th were issued a $0.4504 dividend. This represents a $1.80 annualized dividend and a yield of 1.6%. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Monday, June 15th.

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

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.