Sweeney & Michel LLC Invests $429,000 in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Sweeney & Michel LLC purchased a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,796 shares of the company’s stock, valued at approximately $429,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mather Group LLC. purchased a new position in iShares Core S&P U.S. Value ETF during the 1st quarter worth $50,000. Capital Investment Advisory Services LLC increased its holdings in iShares Core S&P U.S. Value ETF by 1,309.5% during the 1st quarter. Capital Investment Advisory Services LLC now owns 888 shares of the company’s stock worth $80,000 after purchasing an additional 825 shares during the period. Sanctuary Wealth Management L.L.C. purchased a new position in iShares Core S&P U.S. Value ETF during the 4th quarter worth $79,000. Scarborough Advisors LLC purchased a new position in iShares Core S&P U.S. Value ETF during the 4th quarter worth $93,000. Finally, Assetmark Inc. increased its holdings in iShares Core S&P U.S. Value ETF by 11.8% during the 4th quarter. Assetmark Inc. now owns 1,118 shares of the company’s stock worth $94,000 after purchasing an additional 118 shares during the period.

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

IUSV traded up $0.45 during trading on Tuesday, hitting $92.22. 399,529 shares of the stock were exchanged, compared to its average volume of 556,444. The firm has a 50 day simple moving average of $89.01 and a 200 day simple moving average of $87.74. The firm has a market cap of $18.30 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 1 year low of $71.27 and a 1 year high of $92.71.

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

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a $0.4205 dividend. The ex-dividend date was Tuesday, June 11th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.82%.

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.