Berman McAleer LLC Invests $777,000 in iShares Core S&P U.S. Value ETF $IUSV

Berman McAleer LLC acquired a new stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 3rd quarter, Holdings Channel reports. The fund acquired 7,769 shares of the company’s stock, valued at approximately $777,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IUSV. Symphony Financial Ltd. Co. lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 2,455.4% in the second quarter. Symphony Financial Ltd. Co. now owns 2,438,808 shares of the company’s stock worth $230,894,000 after acquiring an additional 2,343,370 shares during the last quarter. Bank of America Corp DE increased its position in iShares Core S&P U.S. Value ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 74,402,651 shares of the company’s stock worth $7,040,723,000 after purchasing an additional 2,194,422 shares in the last quarter. Foster Group Inc. bought a new position in iShares Core S&P U.S. Value ETF in the 3rd quarter valued at approximately $103,889,000. Envestnet Asset Management Inc. lifted its stake in iShares Core S&P U.S. Value ETF by 14.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,252,441 shares of the company’s stock valued at $497,039,000 after purchasing an additional 653,023 shares during the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in iShares Core S&P U.S. Value ETF in the second quarter valued at approximately $33,472,000.

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

NASDAQ IUSV opened at $105.22 on Friday. The firm’s fifty day moving average price is $103.56 and its two-hundred day moving average price is $100.44. The stock has a market cap of $24.28 billion, a PE ratio of 20.41 and a beta of 0.90. iShares Core S&P U.S. Value ETF has a fifty-two week low of $80.14 and a fifty-two week high of $105.83.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $0.5515 per share. The ex-dividend date was Tuesday, December 16th. This represents a $2.21 dividend on an annualized basis and a yield of 2.1%. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47.

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.