Merit Financial Group LLC Acquires 55,005 Shares of iShares Core S&P U.S. Value ETF $IUSV

Merit Financial Group LLC grew its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 2.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,343,492 shares of the company’s stock after acquiring an additional 55,005 shares during the period. iShares Core S&P U.S. Value ETF comprises approximately 2.2% of Merit Financial Group LLC’s portfolio, making the stock its 3rd largest position. Merit Financial Group LLC owned 1.01% of iShares Core S&P U.S. Value ETF worth $234,232,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Symphony Financial Ltd. Co. boosted its holdings in iShares Core S&P U.S. Value ETF by 2,455.4% in the second quarter. Symphony Financial Ltd. Co. now owns 2,438,808 shares of the company’s stock valued at $230,894,000 after purchasing an additional 2,343,370 shares during the period. Bank of America Corp DE raised its position in 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. Foster Group Inc. purchased a new position in shares of iShares Core S&P U.S. Value ETF in the 3rd quarter valued at about $103,889,000. Envestnet Asset Management Inc. grew its position in shares of 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 worth $497,039,000 after buying an additional 653,023 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in shares of iShares Core S&P U.S. Value ETF by 7.6% during the third quarter. Jones Financial Companies Lllp now owns 6,130,302 shares of the company’s stock worth $609,850,000 after buying an additional 432,247 shares in the last quarter.

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

Shares of NASDAQ:IUSV opened at $106.80 on Tuesday. iShares Core S&P U.S. Value ETF has a fifty-two week low of $80.14 and a fifty-two week high of $108.20. The firm’s 50 day moving average price is $104.60 and its 200 day moving average price is $101.33. The stock has a market cap of $24.65 billion, a price-to-earnings ratio of 20.41 and a beta of 0.90.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $0.5515 dividend. This represents a $2.21 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date 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.

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.