Elevation Point Wealth Partners LLC Makes New Investment in iShares Core S&P U.S. Value ETF $IUSV

Elevation Point Wealth Partners LLC purchased a new stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 38,976 shares of the company’s stock, valued at approximately $3,985,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Auto Owners Insurance Co raised its position in iShares Core S&P U.S. Value ETF by 15,983.5% in the fourth quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock valued at $13,896,102,000 after purchasing an additional 138,097,020 shares during the period. Bank of America Corp DE boosted its position in shares of iShares Core S&P U.S. Value ETF by 3.9% during the fourth quarter. Bank of America Corp DE now owns 83,401,630 shares of the company’s stock worth $8,552,003,000 after buying an additional 3,168,089 shares during the period. LPL Financial LLC grew its stake in shares of iShares Core S&P U.S. Value ETF by 3.6% in the fourth quarter. LPL Financial LLC now owns 16,406,531 shares of the company’s stock valued at $1,682,326,000 after buying an additional 569,611 shares in the last quarter. Morgan Stanley grew its stake in shares of iShares Core S&P U.S. Value ETF by 7.0% in the fourth quarter. Morgan Stanley now owns 9,720,751 shares of the company’s stock valued at $996,766,000 after buying an additional 639,948 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in shares of iShares Core S&P U.S. Value ETF by 1.9% in the 4th quarter. Signaturefd LLC now owns 4,573,759 shares of the company’s stock valued at $468,993,000 after buying an additional 84,650 shares during the period.

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

IUSV opened at $111.58 on Friday. The stock’s 50-day moving average price is $109.43 and its 200 day moving average price is $106.29. iShares Core S&P U.S. Value ETF has a 12-month low of $93.91 and a 12-month high of $111.61. The firm has a market cap of $26.78 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83.

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. Shareholders of record on Monday, June 15th were given a $0.4504 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.80 annualized dividend and a yield of 1.6%. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39.

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.