Auto Owners Insurance Co Acquires 138,097,020 Shares of iShares Core S&P U.S. Value ETF $IUSV

Auto Owners Insurance Co boosted its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 15,983.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 138,961,020 shares of the company’s stock after buying an additional 138,097,020 shares during the period. iShares Core S&P U.S. Value ETF makes up about 3.3% of Auto Owners Insurance Co’s investment portfolio, making the stock its 8th largest position. Auto Owners Insurance Co owned about 0.60% of iShares Core S&P U.S. Value ETF worth $13,896,102,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of IUSV. AQR Capital Management LLC raised its stake in iShares Core S&P U.S. Value ETF by 20.7% during the 1st quarter. AQR Capital Management LLC now owns 10,047 shares of the company’s stock valued at $927,000 after purchasing an additional 1,725 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares Core S&P U.S. Value ETF by 50.5% during the first quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock valued at $52,071,000 after buying an additional 189,409 shares during the last quarter. Jane Street Group LLC raised its position in shares of iShares Core S&P U.S. Value ETF by 248.0% during the first quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock valued at $5,357,000 after buying an additional 41,366 shares during the last quarter. Franklin Resources Inc. lifted 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 valued at $49,000 after buying an additional 108 shares during the period. Finally, Diversify Advisory Services LLC acquired a new stake in iShares Core S&P U.S. Value ETF during the second quarter worth about $1,595,000.

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

Shares of IUSV opened at $109.71 on Friday. The stock’s 50-day moving average price is $108.56 and its 200 day moving average price is $105.76. The firm has a market capitalization of $25.97 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a 12-month low of $91.89 and a 12-month high of $111.50.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.4504 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.6%. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date was Monday, June 15th.

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.