Eldridge Investment Advisors Inc. Increases Stock Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Eldridge Investment Advisors Inc. raised its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 760.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,594 shares of the company’s stock after purchasing an additional 84,485 shares during the quarter. iShares Core S&P U.S. Value ETF accounts for about 2.1% of Eldridge Investment Advisors Inc.’s holdings, making the stock its 12th biggest position. Eldridge Investment Advisors Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $8,061,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NBC Securities Inc. acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the 3rd quarter valued at approximately $50,000. Aptus Capital Advisors LLC lifted its position in shares of iShares Core S&P U.S. Value ETF by 282.8% during the 3rd quarter. Aptus Capital Advisors LLC now owns 777 shares of the company’s stock valued at $58,000 after acquiring an additional 574 shares during the period. Fifth Third Bancorp lifted its position in shares of iShares Core S&P U.S. Value ETF by 2,965.8% during the 3rd quarter. Fifth Third Bancorp now owns 1,165 shares of the company’s stock valued at $87,000 after acquiring an additional 1,127 shares during the period. Zions Bancorporation N.A. acquired a new position in shares of iShares Core S&P U.S. Value ETF during the 3rd quarter worth approximately $106,000. Finally, Sound Income Strategies LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF during the 4th quarter worth approximately $106,000.

iShares Core S&P U.S. Value ETF Stock Up 0.7 %

Shares of iShares Core S&P U.S. Value ETF stock traded up $0.59 during trading on Thursday, hitting $86.85. 317,422 shares of the company were exchanged, compared to its average volume of 633,935. iShares Core S&P U.S. Value ETF has a fifty-two week low of $71.27 and a fifty-two week high of $90.64. The stock has a market capitalization of $16.73 billion, a price-to-earnings ratio of 22.53 and a beta of 0.95. The firm has a 50 day moving average price of $87.83 and a 200 day moving average price of $83.44.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a dividend of $0.4397 per share. The ex-dividend date was Thursday, March 21st. This represents a $1.76 annualized dividend and a dividend yield of 2.03%.

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.