LPL Financial LLC Grows Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

LPL Financial LLC increased its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 3.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,352,079 shares of the company’s stock after buying an additional 417,635 shares during the period. iShares Core S&P U.S. Value ETF accounts for 0.6% of LPL Financial LLC’s holdings, making the stock its 28th biggest position. LPL Financial LLC owned about 0.07% of iShares Core S&P U.S. Value ETF worth $1,274,990,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC raised its holdings in shares of iShares Core S&P U.S. Value ETF by 891.2% during the third quarter. Valued Wealth Advisors LLC now owns 337 shares of the company’s stock valued at $32,000 after acquiring an additional 303 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in iShares Core S&P U.S. Value ETF in the 3rd quarter valued at $32,000. Clarity Asset Management Inc. purchased a new position in iShares Core S&P U.S. Value ETF in the 2nd quarter valued at $35,000. Newbridge Financial Services Group Inc. boosted its stake in iShares Core S&P U.S. Value ETF by 133.0% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 522 shares of the company’s stock worth $46,000 after purchasing an additional 298 shares during the last quarter. Finally, Gradient Investments LLC boosted its stake in iShares Core S&P U.S. Value ETF by 1,550.0% during the 2nd quarter. Gradient Investments LLC now owns 528 shares of the company’s stock worth $47,000 after purchasing an additional 496 shares during the last quarter.

iShares Core S&P U.S. Value ETF Trading Up 0.2 %

IUSV stock opened at $97.03 on Thursday. The firm has a 50-day moving average of $95.73 and a two-hundred day moving average of $92.07. iShares Core S&P U.S. Value ETF has a 12 month low of $78.80 and a 12 month high of $98.84. The company has a market cap 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 company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a dividend of $0.5824 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This is an increase from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44.

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.