Merit Financial Group LLC Purchases Shares of 2,392 iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Merit Financial Group LLC acquired a new stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,392 shares of the company’s stock, valued at approximately $202,000.

Other large investors also recently modified their holdings of the company. NBC Securities Inc. acquired a new position in iShares Core S&P U.S. Value ETF in the 3rd quarter valued at about $50,000. Aptus Capital Advisors LLC boosted 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 acquiring an additional 574 shares during the period. Fifth Third Bancorp grew 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 purchasing an additional 1,127 shares during the last quarter. Sound Income Strategies LLC bought a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter worth approximately $106,000. Finally, Zions Bancorporation N.A. acquired a new stake in iShares Core S&P U.S. Value ETF during the 3rd quarter worth approximately $106,000.

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

Shares of NASDAQ IUSV opened at $89.00 on Friday. iShares Core S&P U.S. Value ETF has a one year low of $71.27 and a one year high of $90.64. The firm has a market cap of $17.15 billion, a price-to-earnings ratio of 22.53 and a beta of 0.95. The stock’s fifty day moving average price is $87.97 and its two-hundred day moving average price is $83.95.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a $0.4397 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $1.76 annualized dividend and a yield of 1.98%.

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.