LGL Partners LLC Invests $924,000 in iShares Core S&P U.S. Value ETF $IUSV

LGL Partners LLC bought 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 & Exchange Commission. The institutional investor bought 8,386 shares of the company’s stock, valued at approximately $924,000. iShares Core S&P U.S. Value ETF makes up approximately 0.3% of LGL Partners LLC’s portfolio, making the stock its 23rd biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. AQR Capital Management LLC raised its position in shares of iShares Core S&P U.S. Value ETF by 20.7% in the 1st quarter. AQR Capital Management LLC now owns 10,047 shares of the company’s stock worth $927,000 after acquiring an additional 1,725 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares Core S&P U.S. Value ETF by 50.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock worth $52,071,000 after purchasing an additional 189,409 shares during the last quarter. Jane Street Group LLC boosted its stake in iShares Core S&P U.S. Value ETF by 248.0% in the 1st quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock worth $5,357,000 after purchasing an additional 41,366 shares in the last quarter. Franklin Resources Inc. grew its position in iShares Core S&P U.S. Value ETF by 26.0% during the 2nd quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock valued at $49,000 after purchasing an additional 108 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in iShares Core S&P U.S. Value ETF during the 2nd quarter valued at about $1,595,000.

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

Shares of NASDAQ IUSV opened at $114.43 on Tuesday. The company has a market cap of $27.70 billion, a PE ratio of 20.41 and a beta of 0.83. The firm’s 50 day moving average price is $112.78 and its 200-day moving average price is $108.84. iShares Core S&P U.S. Value ETF has a 52-week low of $97.64 and a 52-week high of $116.19.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.4504 dividend. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.80 dividend on an annualized basis and a yield of 1.6%.

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.