iShares Core S&P U.S. Value ETF $IUSV Stake Boosted by Southern Capital Advisors LLC

Southern Capital Advisors LLC lifted its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 286,855 shares of the company’s stock after acquiring an additional 5,574 shares during the quarter. iShares Core S&P U.S. Value ETF accounts for approximately 13.4% of Southern Capital Advisors LLC’s investment portfolio, making the stock its largest holding. Southern Capital Advisors LLC owned approximately 0.12% of iShares Core S&P U.S. Value ETF worth $28,671,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in shares of iShares Core S&P U.S. Value ETF by 3.0% in the 2nd quarter. Bank of America Corp DE now owns 74,402,651 shares of the company’s stock valued at $7,040,723,000 after purchasing an additional 2,194,422 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares Core S&P U.S. Value ETF by 14.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,252,441 shares of the company’s stock valued at $497,039,000 after buying an additional 653,023 shares during the period. Blue Trust Inc. raised its stake in iShares Core S&P U.S. Value ETF by 2.8% in the third quarter. Blue Trust Inc. now owns 4,993,796 shares of the company’s stock worth $499,130,000 after buying an additional 137,450 shares in the last quarter. Aspiriant LLC lifted its holdings in iShares Core S&P U.S. Value ETF by 0.7% during the third quarter. Aspiriant LLC now owns 3,600,340 shares of the company’s stock worth $359,854,000 after buying an additional 24,162 shares during the period. Finally, Kestra Investment Management LLC lifted its holdings in iShares Core S&P U.S. Value ETF by 9.7% during the second quarter. Kestra Investment Management LLC now owns 3,036,844 shares of the company’s stock worth $287,377,000 after buying an additional 269,609 shares during the period.

iShares Core S&P U.S. Value ETF Trading Up 0.2%

Shares of NASDAQ:IUSV opened at $105.22 on Friday. The company has a market capitalization 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 12-month low of $80.14 and a 12-month high of $105.83. The business’s fifty day simple moving average is $103.56 and its 200-day simple moving average is $100.48.

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

The firm also recently announced 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 of this dividend was Tuesday, December 16th. This represents a $2.21 annualized dividend 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.

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.