Envestnet Asset Management Inc. Purchases 410,930 Shares of iShares Core S&P U.S. Value ETF $IUSV

Envestnet Asset Management Inc. lifted its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 5.7% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,575,951 shares of the company’s stock after buying an additional 410,930 shares during the quarter. Envestnet Asset Management Inc. owned approximately 3.10% of iShares Core S&P U.S. Value ETF worth $834,477,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of IUSV. Auto Owners Insurance Co lifted its position in shares of iShares Core S&P U.S. Value ETF by 15,983.5% in the fourth quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock valued at $13,896,102,000 after acquiring an additional 138,097,020 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares Core S&P U.S. Value ETF by 3.6% in the 4th quarter. LPL Financial LLC now owns 16,406,531 shares of the company’s stock worth $1,682,326,000 after purchasing an additional 569,611 shares in the last quarter. Kestra Investment Management LLC lifted its holdings in iShares Core S&P U.S. Value ETF by 11.9% in the 4th quarter. Kestra Investment Management LLC now owns 3,772,169 shares of the company’s stock worth $386,798,000 after purchasing an additional 401,238 shares in the last quarter. Valpey Financial Services LLC boosted its stake in iShares Core S&P U.S. Value ETF by 10,060.9% in the 4th quarter. Valpey Financial Services LLC now owns 2,962,216 shares of the company’s stock worth $303,746,000 after purchasing an additional 2,933,063 shares during the period. Finally, Royal Bank of Canada boosted its stake in iShares Core S&P U.S. Value ETF by 2.0% in the 1st quarter. Royal Bank of Canada now owns 1,508,476 shares of the company’s stock worth $154,242,000 after purchasing an additional 29,887 shares during the period.

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

IUSV traded down $0.57 during trading on Wednesday, reaching $112.07. 621,027 shares of the company traded hands, compared to its average volume of 852,069. The company has a market cap of $27.36 billion, a P/E ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a 12-month low of $97.94 and a 12-month high of $116.19. The firm has a fifty day simple moving average of $113.63 and a 200 day simple moving average of $109.57.

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

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a dividend of $0.4911 per share. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.45. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, September 15th.

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