Diversified LLC Purchases Shares of 2,612 iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Diversified LLC acquired a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the second quarter, HoldingsChannel reports. The institutional investor acquired 2,612 shares of the company’s stock, valued at approximately $230,000.

Several other hedge funds have also modified their holdings of IUSV. International Assets Investment Management LLC purchased a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter valued at $9,337,000. J.W. Cole Advisors Inc. lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 12.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 4,235 shares of the company’s stock valued at $357,000 after acquiring an additional 466 shares during the last quarter. Atria Wealth Solutions Inc. grew its position in iShares Core S&P U.S. Value ETF by 1.8% in the fourth quarter. Atria Wealth Solutions Inc. now owns 317,879 shares of the company’s stock worth $26,807,000 after acquiring an additional 5,697 shares in the last quarter. Nadler Financial Group Inc. increased its stake in iShares Core S&P U.S. Value ETF by 8.0% during the fourth quarter. Nadler Financial Group Inc. now owns 363,619 shares of the company’s stock worth $30,664,000 after acquiring an additional 26,906 shares during the last quarter. Finally, Eley Financial Management Inc raised its position in iShares Core S&P U.S. Value ETF by 0.4% during the fourth quarter. Eley Financial Management Inc now owns 54,625 shares of the company’s stock valued at $4,607,000 after purchasing an additional 243 shares during the period.

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

Shares of iShares Core S&P U.S. Value ETF stock traded up $1.03 on Friday, reaching $93.68. The company had a trading volume of 370,385 shares, compared to its average volume of 549,008. The firm has a market cap of $18.64 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95. The firm’s 50-day moving average price is $89.95 and its two-hundred day moving average price is $88.54. iShares Core S&P U.S. Value ETF has a 1 year low of $71.27 and a 1 year high of $93.75.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a dividend of $0.4205 per share. This represents a $1.68 annualized dividend and a yield of 1.80%. The ex-dividend date was Tuesday, June 11th.

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.