Headlands Technologies LLC Buys New Stake in iShares Core S&P U.S. Value ETF $IUSV

Headlands Technologies LLC bought a new stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 2nd quarter, Holdings Channel reports. The firm bought 5,231 shares of the company’s stock, valued at approximately $576,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Auto Owners Insurance Co boosted its position in iShares Core S&P U.S. Value ETF by 15,983.5% during the 4th quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock worth $13,896,102,000 after acquiring an additional 138,097,020 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares Core S&P U.S. Value ETF by 3.9% during the fourth quarter. Bank of America Corp DE now owns 83,401,630 shares of the company’s stock valued at $8,552,003,000 after purchasing an additional 3,168,089 shares during the period. LPL Financial LLC raised its stake in shares of iShares Core S&P U.S. Value ETF by 3.6% during the fourth quarter. LPL Financial LLC now owns 16,406,531 shares of the company’s stock valued at $1,682,326,000 after purchasing an additional 569,611 shares in the last quarter. Morgan Stanley raised its stake in shares of iShares Core S&P U.S. Value ETF by 7.0% during the fourth quarter. Morgan Stanley now owns 9,720,751 shares of the company’s stock valued at $996,766,000 after purchasing an additional 639,948 shares in the last quarter. Finally, Kestra Investment Management LLC raised its stake in shares of iShares Core S&P U.S. Value ETF by 11.9% during the fourth quarter. Kestra Investment Management LLC now owns 3,772,169 shares of the company’s stock valued at $386,798,000 after purchasing an additional 401,238 shares in the last quarter.

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

IUSV stock opened at $114.58 on Thursday. The company has a 50-day simple moving average of $112.97 and a 200 day simple moving average of $108.95. The company has a market capitalization of $27.74 billion, a P/E ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a fifty-two week low of $97.64 and a fifty-two week high of $116.19.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.4504 per share. 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 was Monday, June 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.6%.

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.