Blue Trust Inc. Purchases 137,450 Shares of iShares Core S&P U.S. Value ETF $IUSV

Blue Trust Inc. grew its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 2.8% in the third quarter, HoldingsChannel.com reports. The fund owned 4,993,796 shares of the company’s stock after acquiring an additional 137,450 shares during the quarter. iShares Core S&P U.S. Value ETF accounts for 5.6% of Blue Trust Inc.’s holdings, making the stock its 6th biggest position. Blue Trust Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $499,130,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Evolution Wealth Management Inc. acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter valued at about $25,000. Elevation Point Wealth Partners LLC acquired a new stake in iShares Core S&P U.S. Value ETF during the second quarter worth approximately $26,000. Smithfield Trust Co bought a new stake in iShares Core S&P U.S. Value ETF in the second quarter worth approximately $27,000. Headlands Technologies LLC lifted its stake in iShares Core S&P U.S. Value ETF by 520.3% in the second quarter. Headlands Technologies LLC now owns 428 shares of the company’s stock valued at $41,000 after buying an additional 359 shares during the period. Finally, Franklin Resources Inc. lifted its stake in 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 valued at $49,000 after buying an additional 108 shares during the period.

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

iShares Core S&P U.S. Value ETF stock opened at $103.66 on Friday. The stock has a market capitalization of $24.10 billion, a price-to-earnings ratio of 20.41 and a beta of 0.90. iShares Core S&P U.S. Value ETF has a 52-week low of $80.14 and a 52-week high of $104.11. The stock’s 50 day moving average price is $101.66 and its two-hundred day moving average price is $98.59.

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

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $0.5515 per share. 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 boost 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.