iShares Core S&P U.S. Value ETF $IUSV Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC grew its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 953.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,457 shares of the company’s stock after buying an additional 43,855 shares during the period. Parallel Advisors LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $5,344,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Asset Dedication LLC acquired a new position in iShares Core S&P U.S. Value ETF during the third quarter valued at approximately $705,000. Calamos Wealth Management LLC bought a new stake in iShares Core S&P U.S. Value ETF in the third quarter valued at approximately $222,000. Kestra Advisory Services LLC raised its holdings in iShares Core S&P U.S. Value ETF by 351.1% in the third quarter. Kestra Advisory Services LLC now owns 845,224 shares of the company’s stock worth $93,211,000 after purchasing an additional 657,852 shares during the period. Commonwealth Equity Services LLC acquired a new stake in iShares Core S&P U.S. Value ETF in the third quarter worth $76,556,000. Finally, Pathway Financial Advisers LLC acquired a new stake in iShares Core S&P U.S. Value ETF in the third quarter worth $86,000.

iShares Core S&P U.S. Value ETF Stock Down 0.4%

Shares of NASDAQ IUSV opened at $113.88 on Friday. The company’s fifty day moving average is $113.54 and its 200-day moving average is $109.75. The stock has a market cap of $28.05 billion, a price-to-earnings ratio of 21.93 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a twelve month low of $98.22 and a twelve month high of $118.29.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a dividend of $0.4911 per share. This represents a $1.96 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 15th. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.4504.

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.