RFG Advisory LLC Makes New Investment in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

RFG Advisory LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,801 shares of the company’s stock, valued at approximately $434,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BTC Capital Management Inc. acquired a new position in iShares Core S&P U.S. Value ETF during the 1st quarter worth approximately $465,000. Legacy Financial Group LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 1st quarter valued at $6,868,000. Legacy Financial Strategies LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 1.4% in the 1st quarter. Legacy Financial Strategies LLC now owns 20,746 shares of the company’s stock valued at $1,876,000 after buying an additional 290 shares in the last quarter. Bank of New Hampshire boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 46.1% in the 1st quarter. Bank of New Hampshire now owns 1,308 shares of the company’s stock valued at $118,000 after buying an additional 413 shares in the last quarter. Finally, Mather Group LLC. acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 1st quarter valued at $50,000.

iShares Core S&P U.S. Value ETF Trading Up 0.8 %

Shares of iShares Core S&P U.S. Value ETF stock opened at $89.04 on Tuesday. The company has a fifty day simple moving average of $88.11 and a 200-day simple moving average of $86.67. iShares Core S&P U.S. Value ETF has a 12-month low of $71.27 and a 12-month high of $90.64. The stock has a market cap of $17.15 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 announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a $0.4205 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend was Tuesday, June 11th.

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.