Northwestern Mutual Wealth Management Co. Has $40.54 Million Stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Northwestern Mutual Wealth Management Co. raised its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 101.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 459,987 shares of the company’s stock after buying an additional 231,386 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.23% of iShares Core S&P U.S. Value ETF worth $40,539,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Clarity Asset Management Inc. bought a new position in iShares Core S&P U.S. Value ETF in the second quarter valued at approximately $35,000. Gradient Investments LLC raised its holdings in shares of iShares Core S&P U.S. Value ETF by 1,550.0% during the 2nd quarter. Gradient Investments LLC now owns 528 shares of the company’s stock worth $47,000 after buying an additional 496 shares in the last quarter. Family Firm Inc. bought a new stake in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter worth $48,000. Mather Group LLC. acquired a new stake in iShares Core S&P U.S. Value ETF in the first quarter valued at about $50,000. Finally, Kings Path Partners LLC acquired a new stake in iShares Core S&P U.S. Value ETF in the second quarter valued at about $62,000.

iShares Core S&P U.S. Value ETF Trading Up 0.3 %

Shares of NASDAQ IUSV opened at $95.13 on Monday. The company has a market cap of $18.93 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 12 month low of $71.27 and a 12 month high of $95.66. The stock has a 50-day moving average price of $92.65 and a two-hundred day moving average price of $89.93.

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

The business also recently disclosed a dividend, which will be paid on Monday, September 30th. Investors of record on Wednesday, September 25th will be given a dividend of $0.5824 per share. This is a boost from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44. The ex-dividend date is Wednesday, September 25th.

iShares Core S&P U.S. Value ETF Company 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.