Riggs Capital Management LLC Acquires Shares of 7,697 iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Riggs Capital Management LLC bought a new position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 4th quarter, HoldingsChannel reports. The fund bought 7,697 shares of the company’s stock, valued at approximately $713,000.

A number of other hedge funds also recently modified their holdings of the stock. Life Planning Partners Inc raised its position in shares of iShares Core S&P U.S. Value ETF by 9,159.0% in the 4th quarter. Life Planning Partners Inc now owns 2,267,622 shares of the company’s stock valued at $209,959,000 after buying an additional 2,243,131 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares Core S&P U.S. Value ETF during the fourth quarter valued at approximately $130,844,000. Benjamin Edwards Inc. lifted its stake in iShares Core S&P U.S. Value ETF by 10,714.1% during the third quarter. Benjamin Edwards Inc. now owns 834,196 shares of the company’s stock worth $79,658,000 after purchasing an additional 826,482 shares during the last quarter. Kestra Investment Management LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 53.2% in the 3rd quarter. Kestra Investment Management LLC now owns 2,321,388 shares of the company’s stock valued at $221,669,000 after purchasing an additional 806,039 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of iShares Core S&P U.S. Value ETF by 3.5% in the 4th quarter. LPL Financial LLC now owns 13,821,490 shares of the company’s stock valued at $1,279,732,000 after purchasing an additional 469,411 shares during the last quarter.

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

iShares Core S&P U.S. Value ETF stock opened at $91.42 on Monday. The stock has a fifty day moving average of $94.15 and a 200-day moving average of $95.04. The stock has a market capitalization of $19.27 billion, a P/E ratio of 21.47 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 52 week low of $85.17 and a 52 week high of $100.29.

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

The business also recently declared a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were paid a $0.3667 dividend. The ex-dividend date was Tuesday, March 18th.

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.