Summit Financial LLC Boosts Holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Summit Financial LLC grew its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 8.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,182 shares of the company’s stock after acquiring an additional 2,728 shares during the quarter. Summit Financial LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $3,165,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Captrust Financial Advisors lifted its stake in iShares Core S&P U.S. Value ETF by 3.2% in the third quarter. Captrust Financial Advisors now owns 56,775 shares of the company’s stock worth $5,421,000 after purchasing an additional 1,781 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in shares of iShares Core S&P U.S. Value ETF by 10,714.1% during the 3rd quarter. Benjamin Edwards Inc. now owns 834,196 shares of the company’s stock worth $79,658,000 after acquiring an additional 826,482 shares during the last quarter. Hilltop Holdings Inc. lifted its stake in shares of iShares Core S&P U.S. Value ETF by 44.8% during the 3rd quarter. Hilltop Holdings Inc. now owns 45,833 shares of the company’s stock worth $4,377,000 after acquiring an additional 14,173 shares during the last quarter. HighTower Advisors LLC grew its position in iShares Core S&P U.S. Value ETF by 19.3% in the 3rd quarter. HighTower Advisors LLC now owns 764,355 shares of the company’s stock valued at $72,975,000 after acquiring an additional 123,805 shares during the last quarter. Finally, Stifel Financial Corp increased its stake in iShares Core S&P U.S. Value ETF by 6.1% in the third quarter. Stifel Financial Corp now owns 143,412 shares of the company’s stock worth $13,694,000 after purchasing an additional 8,226 shares during the period.

iShares Core S&P U.S. Value ETF Trading Up 1.0 %

Shares of IUSV opened at $92.29 on Tuesday. The firm has a fifty day moving average price of $94.11 and a 200-day moving average price of $95.03. The firm has a market capitalization of $19.45 billion, a P/E ratio of 21.47 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 12-month low of $85.17 and a 12-month high of $100.29.

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

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

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.