Magnolia Capital Advisors LLC Takes $2.80 Million Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Magnolia Capital Advisors LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 31,755 shares of the company’s stock, valued at approximately $2,799,000.

Several other large investors have also recently added to or reduced their stakes in IUSV. Creative Planning increased its position in iShares Core S&P U.S. Value ETF by 7.9% in the 2nd quarter. Creative Planning now owns 123,106 shares of the company’s stock valued at $10,849,000 after acquiring an additional 8,970 shares during the period. Clarity Asset Management Inc. bought a new stake in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter worth $35,000. Delta Investment Management LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the second quarter valued at $209,000. Certified Advisory Corp boosted its stake in iShares Core S&P U.S. Value ETF by 14.3% during the second quarter. Certified Advisory Corp now owns 111,491 shares of the company’s stock valued at $9,826,000 after buying an additional 13,907 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in iShares Core S&P U.S. Value ETF by 8.0% during the second quarter. Thrivent Financial for Lutherans now owns 9,361 shares of the company’s stock worth $825,000 after acquiring an additional 694 shares during the period.

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

NASDAQ IUSV opened at $95.13 on Monday. The company has a market capitalization of $18.93 billion, a P/E ratio of 22.96 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 12 month low of $71.27 and a 12 month high of $95.66. The company’s 50 day simple moving average is $92.65 and its 200 day simple moving average is $89.93.

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

The business also recently announced a dividend, which will be paid on Monday, September 30th. Investors of record on Wednesday, September 25th will be issued a $0.5824 dividend. This is a boost from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44. The ex-dividend date of this dividend is Wednesday, September 25th.

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.