First Trust Direct Indexing L.P. Invests $274,000 in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

First Trust Direct Indexing L.P. purchased a new stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,248 shares of the company’s stock, valued at approximately $274,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NBC Securities Inc. acquired a new position in shares of iShares Core S&P U.S. Value ETF in the third quarter valued at about $50,000. Aptus Capital Advisors LLC increased its holdings in shares of iShares Core S&P U.S. Value ETF by 282.8% during the third quarter. Aptus Capital Advisors LLC now owns 777 shares of the company’s stock worth $58,000 after purchasing an additional 574 shares during the period. Fifth Third Bancorp raised its position in shares of iShares Core S&P U.S. Value ETF by 2,965.8% in the third quarter. Fifth Third Bancorp now owns 1,165 shares of the company’s stock valued at $87,000 after buying an additional 1,127 shares in the last quarter. Zions Bancorporation N.A. bought a new stake in shares of iShares Core S&P U.S. Value ETF in the third quarter valued at approximately $106,000. Finally, Sound Income Strategies LLC acquired a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter worth approximately $106,000.

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

Shares of NASDAQ IUSV opened at $88.11 on Wednesday. The stock has a market capitalization of $16.97 billion, a PE ratio of 22.53 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a fifty-two week low of $71.27 and a fifty-two week high of $90.64. The business has a fifty day moving average price of $87.90 and a two-hundred day moving average price of $83.88.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.4397 per share. The ex-dividend date was Thursday, March 21st. This represents a $1.76 dividend on an annualized basis and a yield of 2.00%.

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.