Elm Partners Management LLC Invests $1.08 Million in iShares Russell 3000 Value Index (IUSV)

Elm Partners Management LLC bought a new position in shares of iShares Russell 3000 Value Index (BMV:IUSV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 22,193 shares of the company’s stock, valued at approximately $1,081,000. iShares Russell 3000 Value Index makes up 0.4% of Elm Partners Management LLC’s investment portfolio, making the stock its 24th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Centaurus Financial Inc. acquired a new stake in iShares Russell 3000 Value Index during the second quarter worth about $106,000. Newman Dignan & Sheerar Inc. bought a new position in iShares Russell 3000 Value Index during the 3rd quarter valued at $207,000. Sheets Smith Wealth Management bought a new stake in shares of iShares Russell 3000 Value Index during the 3rd quarter worth $208,000. ACG Wealth acquired a new stake in shares of iShares Russell 3000 Value Index in the third quarter worth $223,000. Finally, Chicago Partners Investment Group LLC raised its holdings in shares of iShares Russell 3000 Value Index by 90.9% during the second quarter. Chicago Partners Investment Group LLC now owns 4,200 shares of the company’s stock worth $225,000 after acquiring an additional 2,000 shares in the last quarter.

Shares of BMV:IUSV traded down $0.07 during midday trading on Friday, hitting $50.94. iShares Russell 3000 Value Index has a 1 year low of $905.35 and a 1 year high of $1,088.00.

The company also recently announced a quarterly dividend, which was paid on Friday, December 21st. Stockholders of record on Tuesday, December 18th were paid a $0.3484 dividend. The ex-dividend date of this dividend was Monday, December 17th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 2.74%. This is a boost from iShares Russell 3000 Value Index’s previous quarterly dividend of $0.32.

COPYRIGHT VIOLATION NOTICE: “Elm Partners Management LLC Invests $1.08 Million in iShares Russell 3000 Value Index (IUSV)” was reported by WKRB News and is the sole property of of WKRB News. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The correct version of this story can be read at https://www.wkrb13.com/2019/01/11/elm-partners-management-llc-invests-1-08-million-in-ishares-russell-3000-value-index-iusv.html.

Featured Article: What does the Dow Jones Industrial Average (DJIA) measure?

Institutional Ownership by Quarter for iShares Russell 3000 Value Index (BMV:IUSV)

Receive News & Ratings for iShares Russell 3000 Value Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 3000 Value Index and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply