PFG Advisors Takes $2.16 Million Position in iShares Core S&P U.S. Value ETF $IUSV

PFG Advisors bought a new stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 21,569 shares of the company’s stock, valued at approximately $2,156,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. AQR Capital Management LLC raised its stake in shares of iShares Core S&P U.S. Value ETF by 20.7% during the first quarter. AQR Capital Management LLC now owns 10,047 shares of the company’s stock valued at $927,000 after purchasing an additional 1,725 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of iShares Core S&P U.S. Value ETF by 50.5% in the first quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock valued at $52,071,000 after purchasing an additional 189,409 shares during the period. Jane Street Group LLC boosted its stake in shares of iShares Core S&P U.S. Value ETF by 248.0% in the first quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock valued at $5,357,000 after purchasing an additional 41,366 shares during the period. Bank of Montreal Can grew its holdings in iShares Core S&P U.S. Value ETF by 32.9% during the 2nd quarter. Bank of Montreal Can now owns 4,863 shares of the company’s stock valued at $460,000 after purchasing an additional 1,204 shares in the last quarter. Finally, AE Wealth Management LLC grew its holdings in iShares Core S&P U.S. Value ETF by 19.9% during the 2nd quarter. AE Wealth Management LLC now owns 4,932 shares of the company’s stock valued at $467,000 after purchasing an additional 818 shares in the last quarter.

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

iShares Core S&P U.S. Value ETF stock opened at $104.23 on Wednesday. iShares Core S&P U.S. Value ETF has a 12-month low of $80.14 and a 12-month high of $108.20. The company has a market capitalization of $24.06 billion, a price-to-earnings ratio of 20.41 and a beta of 0.90. The firm’s fifty day moving average price is $105.70 and its 200 day moving average price is $102.44.

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. Stockholders 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 is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47. This represents a $2.21 dividend on an annualized basis and a dividend yield of 2.1%.

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.