Zhang Financial LLC Purchases Shares of 4,361 iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Zhang Financial LLC purchased a new stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 4th quarter, Holdings Channel reports. The fund purchased 4,361 shares of the company’s stock, valued at approximately $368,000.

Several other institutional investors and hedge funds also recently modified their holdings of IUSV. Bank of Montreal Can lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 11.9% in the first quarter. Bank of Montreal Can now owns 9,092 shares of the company’s stock valued at $700,000 after purchasing an additional 969 shares in the last quarter. Synovus Financial Corp acquired a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter valued at approximately $260,000. NewEdge Advisors LLC raised its position in shares of iShares Core S&P U.S. Value ETF by 9.9% in the first quarter. NewEdge Advisors LLC now owns 18,988 shares of the company’s stock valued at $1,441,000 after buying an additional 1,713 shares during the last quarter. Equitable Holdings Inc. raised its position in shares of iShares Core S&P U.S. Value ETF by 9.5% in the first quarter. Equitable Holdings Inc. now owns 113,830 shares of the company’s stock valued at $8,636,000 after buying an additional 9,875 shares during the last quarter. Finally, Prudential Financial Inc. raised its position in shares of iShares Core S&P U.S. Value ETF by 42.3% in the first quarter. Prudential Financial Inc. now owns 76,046 shares of the company’s stock valued at $5,770,000 after buying an additional 22,588 shares during the last quarter.

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

NASDAQ:IUSV opened at $86.26 on Friday. The firm has a 50 day simple moving average of $87.58 and a 200-day simple moving average of $82.67. The firm has a market cap of $16.48 billion, a PE ratio of 22.95 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 1-year low of $71.27 and a 1-year high of $90.64.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a $0.4397 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date was Thursday, March 21st.

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