657,852 iShares Core S&P U.S. Value ETF $IUSV Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 351.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 845,224 shares of the company’s stock after purchasing an additional 657,852 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $93,211,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in iShares Core S&P U.S. Value ETF by 5.7% in the second quarter. Envestnet Asset Management Inc. now owns 7,575,951 shares of the company’s stock valued at $834,477,000 after acquiring an additional 410,930 shares in the last quarter. Signaturefd LLC purchased a new position in iShares Core S&P U.S. Value ETF in the third quarter worth approximately $559,762,000. Aspiriant LLC acquired a new position in iShares Core S&P U.S. Value ETF during the 3rd quarter worth approximately $415,952,000. Royal Bank of Canada increased its position in shares of 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 valued at $154,242,000 after purchasing an additional 29,887 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares Core S&P U.S. Value ETF by 18.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,437,925 shares of the company’s stock valued at $147,028,000 after purchasing an additional 218,862 shares in the last quarter.

iShares Core S&P U.S. Value ETF Trading Down 2.8%

Shares of IUSV opened at $114.35 on Friday. The firm has a market capitalization of $28.12 billion, a price-to-earnings ratio of 21.93 and a beta of 0.83. The firm’s fifty day simple moving average is $113.56 and its 200-day simple moving average is $109.70. 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 announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a $0.4911 dividend. This represents a $1.96 annualized dividend and a yield of 1.7%. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.4504. The ex-dividend date of this dividend was Tuesday, September 15th.

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.