Kestra Investment Management LLC Acquires 401,238 Shares of iShares Core S&P U.S. Value ETF $IUSV

Kestra Investment Management LLC lifted its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 11.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,772,169 shares of the company’s stock after purchasing an additional 401,238 shares during the period. iShares Core S&P U.S. Value ETF comprises 9.5% of Kestra Investment Management LLC’s holdings, making the stock its biggest holding. Kestra Investment Management LLC owned about 1.63% of iShares Core S&P U.S. Value ETF worth $386,798,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in IUSV. AQR Capital Management LLC grew its stake 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 purchasing an additional 1,725 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares Core S&P U.S. Value ETF by 50.5% in the first quarter. Goldman Sachs Group Inc. now owns 564,215 shares of the company’s stock worth $52,071,000 after acquiring an additional 189,409 shares in the last quarter. Jane Street Group LLC increased its position in shares of iShares Core S&P U.S. Value ETF by 248.0% in the first quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock worth $5,357,000 after acquiring an additional 41,366 shares in the last quarter. Franklin Resources Inc. increased its position in shares of iShares Core S&P U.S. Value ETF by 26.0% in the second quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock worth $49,000 after acquiring an additional 108 shares in the last quarter. Finally, Diversify Advisory Services LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the second quarter worth approximately $1,595,000.

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

iShares Core S&P U.S. Value ETF stock opened at $110.35 on Tuesday. The firm’s 50 day simple moving average is $105.54 and its 200-day simple moving average is $104.57. The company has a market cap of $26.12 billion, a P/E ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a fifty-two week low of $89.90 and a fifty-two week high of $110.54.

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

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a $0.3925 dividend. This represents a $1.57 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, March 17th.

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.