Summit Wealth Partners LLC Has $2.99 Million Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Summit Wealth Partners LLC grew its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 2.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,927 shares of the company’s stock after buying an additional 708 shares during the period. Summit Wealth Partners LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $2,990,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Clarity Asset Management Inc. bought a new stake in iShares Core S&P U.S. Value ETF in the second quarter worth approximately $35,000. Newbridge Financial Services Group Inc. boosted its stake in iShares Core S&P U.S. Value ETF by 133.0% in the second quarter. Newbridge Financial Services Group Inc. now owns 522 shares of the company’s stock valued at $46,000 after acquiring an additional 298 shares during the last quarter. Gradient Investments LLC grew its holdings in iShares Core S&P U.S. Value ETF by 1,550.0% during the second quarter. Gradient Investments LLC now owns 528 shares of the company’s stock valued at $47,000 after purchasing an additional 496 shares during the period. Family Firm Inc. bought a new position in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter worth $48,000. Finally, Mather Group LLC. purchased a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter worth about $50,000.

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

Shares of IUSV stock opened at $95.15 on Wednesday. The company’s fifty day simple moving average is $92.74 and its two-hundred day simple moving average is $89.98. The stock has a market capitalization of $19.29 billion, a price-to-earnings ratio of 22.96 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 $95.66.

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 $0.5824 dividend. This is an increase from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44. The ex-dividend date of this dividend was Wednesday, September 25th.

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.