PNC Financial Services Group Inc. Grows Stock Position in iShares Core S&P U.S. Value ETF $IUSV

PNC Financial Services Group Inc. increased its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 42.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 818,127 shares of the company’s stock after acquiring an additional 243,162 shares during the period. PNC Financial Services Group Inc. owned about 0.35% of iShares Core S&P U.S. Value ETF worth $81,772,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Helen Stephens Group LLC lifted its position in iShares Core S&P U.S. Value ETF by 3.9% in the third quarter. Helen Stephens Group LLC now owns 2,717 shares of the company’s stock valued at $272,000 after purchasing an additional 103 shares during the last quarter. Octavia Wealth Advisors LLC increased its stake in shares of iShares Core S&P U.S. Value ETF by 3.8% in the third quarter. Octavia Wealth Advisors LLC now owns 2,855 shares of the company’s stock worth $285,000 after buying an additional 104 shares during the period. Franklin Resources Inc. increased its stake in shares of iShares Core S&P U.S. Value ETF by 26.0% in the second quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock worth $49,000 after buying an additional 108 shares during the period. Uptick Partners LLC raised its holdings in iShares Core S&P U.S. Value ETF by 0.7% during the 3rd quarter. Uptick Partners LLC now owns 17,566 shares of the company’s stock valued at $1,756,000 after buying an additional 116 shares during the last quarter. Finally, Lido Advisors LLC boosted its position in iShares Core S&P U.S. Value ETF by 1.2% during the 2nd quarter. Lido Advisors LLC now owns 10,372 shares of the company’s stock valued at $982,000 after buying an additional 120 shares during the period.

iShares Core S&P U.S. Value ETF Stock Up 0.6%

Shares of iShares Core S&P U.S. Value ETF stock opened at $106.80 on Monday. The company’s fifty day simple moving average is $104.51 and its two-hundred day simple moving average is $101.25. 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 firm has a market cap of $24.65 billion, a PE ratio of 20.41 and a beta of 0.90.

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 paid a $0.5515 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47. This represents a $2.21 annualized dividend 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.