Financial Partners Group Inc Purchases New Holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Financial Partners Group Inc acquired a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,823 shares of the company’s stock, valued at approximately $425,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. increased its holdings in shares of iShares Core S&P U.S. Value ETF by 11.8% in the 4th quarter. Assetmark Inc. now owns 1,118 shares of the company’s stock valued at $94,000 after purchasing an additional 118 shares during the period. Exencial Wealth Advisors LLC raised its holdings in shares of iShares Core S&P U.S. Value ETF by 2.8% during the fourth quarter. Exencial Wealth Advisors LLC now owns 4,496 shares of the company’s stock worth $379,000 after acquiring an additional 121 shares in the last quarter. Patten & Patten Inc. TN boosted its position in iShares Core S&P U.S. Value ETF by 3.9% during the first quarter. Patten & Patten Inc. TN now owns 3,320 shares of the company’s stock valued at $300,000 after purchasing an additional 125 shares during the last quarter. Benjamin Edwards Inc. grew its stake in iShares Core S&P U.S. Value ETF by 2.1% in the first quarter. Benjamin Edwards Inc. now owns 6,855 shares of the company’s stock valued at $620,000 after purchasing an additional 144 shares in the last quarter. Finally, Congress Wealth Management LLC DE increased its position in iShares Core S&P U.S. Value ETF by 4.2% in the 4th quarter. Congress Wealth Management LLC DE now owns 3,636 shares of the company’s stock worth $307,000 after purchasing an additional 147 shares during the last quarter.

iShares Core S&P U.S. Value ETF Stock Up 0.3 %

Shares of IUSV traded up $0.31 during midday trading on Friday, reaching $92.07. 313,215 shares of the stock were exchanged, compared to its average volume of 554,833. The company has a market cap of $18.32 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 12-month low of $71.27 and a 12-month high of $93.08. The firm has a 50 day simple moving average of $89.46 and a 200-day simple moving average of $88.31.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were given a dividend of $0.4205 per share. This represents a $1.68 annualized dividend and a yield of 1.83%. The ex-dividend date was Tuesday, June 11th.

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.