General Partner Inc. Purchases New Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

General Partner Inc. purchased a new stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 25,634 shares of the company’s stock, valued at approximately $2,318,000. iShares Core S&P U.S. Value ETF makes up about 1.5% of General Partner Inc.’s investment portfolio, making the stock its 17th largest holding.

Other large investors have also recently added to or reduced their stakes in the company. Sanctuary Wealth Management L.L.C. acquired a new stake in iShares Core S&P U.S. Value ETF in the 4th quarter valued at $79,000. Scarborough Advisors LLC purchased a new position in iShares Core S&P U.S. Value ETF in the 4th quarter valued at about $93,000. Assetmark Inc. lifted its position in shares of iShares Core S&P U.S. Value ETF by 11.8% during the fourth quarter. Assetmark Inc. now owns 1,118 shares of the company’s stock worth $94,000 after purchasing an additional 118 shares during the last quarter. Pineridge Advisors LLC bought a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter worth about $103,000. Finally, Sound Income Strategies LLC bought a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter worth about $106,000.

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

Shares of IUSV stock traded up $0.24 during trading hours on Tuesday, hitting $87.96. 205,661 shares of the company were exchanged, compared to its average volume of 570,326. iShares Core S&P U.S. Value ETF has a one year low of $71.27 and a one year high of $90.64. The business’s 50-day simple moving average is $88.02 and its two-hundred day simple moving average is $86.40. The stock has a market capitalization of $16.95 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95.

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 given a dividend of $0.4205 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.68 annualized dividend and a dividend yield of 1.91%.

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.