Foundry Financial Group Inc. Buys 1,097 Shares of iShares Core S&P U.S. Value ETF $IUSV

Foundry Financial Group Inc. boosted its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 1.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,774 shares of the company’s stock after purchasing an additional 1,097 shares during the quarter. iShares Core S&P U.S. Value ETF accounts for approximately 4.1% of Foundry Financial Group Inc.’s holdings, making the stock its 8th biggest position. Foundry Financial Group Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $7,170,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Pure Financial Advisors LLC grew its stake in iShares Core S&P U.S. Value ETF by 1.8% during the first quarter. Pure Financial Advisors LLC now owns 8,702 shares of the company’s stock worth $803,000 after buying an additional 155 shares during the last quarter. IFP Advisors Inc grew its position in iShares Core S&P U.S. Value ETF by 5.5% during the 1st quarter. IFP Advisors Inc now owns 3,326 shares of the company’s stock worth $307,000 after acquiring an additional 172 shares during the last quarter. Harbour Investments Inc. increased its holdings in iShares Core S&P U.S. Value ETF by 14.3% during the 1st quarter. Harbour Investments Inc. now owns 1,388 shares of the company’s stock valued at $128,000 after purchasing an additional 174 shares in the last quarter. XML Financial LLC raised its position in iShares Core S&P U.S. Value ETF by 3.2% in the 2nd quarter. XML Financial LLC now owns 5,720 shares of the company’s stock valued at $541,000 after purchasing an additional 175 shares during the last quarter. Finally, ZWJ Investment Counsel Inc. raised its position in iShares Core S&P U.S. Value ETF by 0.7% in the 1st quarter. ZWJ Investment Counsel Inc. now owns 24,917 shares of the company’s stock valued at $2,300,000 after purchasing an additional 184 shares during the last quarter.

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

Shares of IUSV stock opened at $100.23 on Thursday. The stock’s fifty day moving average is $97.90 and its 200-day moving average is $93.62. The stock has a market capitalization of $22.14 billion, a PE ratio of 20.41 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 52 week low of $80.14 and a 52 week high of $100.33.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a $0.4714 dividend. This represents a $1.89 annualized dividend and a yield of 1.9%. The ex-dividend date was Tuesday, September 16th. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43.

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.