PNC Financial Services Group Inc. Has $53.78 Million Stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Posted by Elija Maina on Nov 21st, 2024

PNC Financial Services Group Inc. boosted its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Free Report) by 1.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 563,240 shares of the company’s stock after buying an additional 6,399 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $53,784,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in IUSV. O Shaughnessy Asset Management LLC lifted its stake in shares of iShares Core S&P U.S. Value ETF by 33.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 6,039 shares of the company’s stock valued at $546,000 after buying an additional 1,501 shares during the period. LRI Investments LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter valued at $330,000. Kestra Advisory Services LLC lifted its position in iShares Core S&P U.S. Value ETF by 125.1% in the first quarter. Kestra Advisory Services LLC now owns 220,297 shares of the company’s stock worth $19,924,000 after purchasing an additional 122,447 shares during the period. Manhattan West Asset Management LLC bought a new position in iShares Core S&P U.S. Value ETF in the first quarter worth $218,000. Finally, Waverly Advisors LLC boosted its stake in iShares Core S&P U.S. Value ETF by 9.3% during the first quarter. Waverly Advisors LLC now owns 12,641 shares of the company’s stock worth $1,143,000 after buying an additional 1,078 shares in the last quarter.

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

NASDAQ:IUSV opened at $97.03 on Thursday. The company has a 50-day moving average of $95.73 and a 200-day moving average of $92.07. iShares Core S&P U.S. Value ETF has a 52 week low of $78.80 and a 52 week high of $98.84. The company has a market capitalization of $19.69 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95.

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

The firm also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were paid a dividend of $0.5824 per share. This is a boost from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44. The ex-dividend date was Wednesday, September 25th.

About iShares Core S&P U.S. Value ETF

(Free Report)

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.