Kestra Investment Management LLC Invests $133.55 Million in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Kestra Investment Management LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,515,349 shares of the company’s stock, valued at approximately $133,548,000. iShares Core S&P U.S. Value ETF comprises 9.1% of Kestra Investment Management LLC’s investment portfolio, making the stock its biggest position. Kestra Investment Management LLC owned approximately 0.76% of iShares Core S&P U.S. Value ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. New Wave Wealth Advisors LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter worth $2,369,000. New Century Financial Group LLC acquired a new position in iShares Core S&P U.S. Value ETF in the 2nd quarter valued at $251,000. Cetera Investment Advisers grew its stake in iShares Core S&P U.S. Value ETF by 3.6% in the 2nd quarter. Cetera Investment Advisers now owns 444,753 shares of the company’s stock valued at $39,196,000 after buying an additional 15,649 shares during the last quarter. Pathway Financial Advisers LLC acquired a new position in iShares Core S&P U.S. Value ETF in the 2nd quarter valued at $62,000. Finally, Next Capital Management LLC grew its stake in iShares Core S&P U.S. Value ETF by 14.0% in the 2nd quarter. Next Capital Management LLC now owns 12,730 shares of the company’s stock valued at $1,122,000 after buying an additional 1,559 shares during the last quarter.

iShares Core S&P U.S. Value ETF Trading Up 0.4 %

NASDAQ:IUSV opened at $95.49 on Tuesday. iShares Core S&P U.S. Value ETF has a 1 year low of $71.27 and a 1 year high of $95.66. The firm’s fifty day simple moving average is $92.74 and its 200 day simple moving average is $89.98. The firm has a market capitalization of $19.00 billion, a PE ratio of 22.96 and a beta of 0.95.

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

The company also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a $0.5824 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44.

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.