iShares Core S&P U.S. Value ETF $IUSV Shares Acquired by Bank of America Corp DE

Bank of America Corp DE boosted its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 3.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74,402,651 shares of the company’s stock after buying an additional 2,194,422 shares during the quarter. iShares Core S&P U.S. Value ETF accounts for approximately 0.5% of Bank of America Corp DE’s investment portfolio, making the stock its 26th largest position. Bank of America Corp DE owned approximately 33.69% of iShares Core S&P U.S. Value ETF worth $7,040,723,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Ameriprise Financial Inc. lifted its holdings in iShares Core S&P U.S. Value ETF by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 419,326 shares of the company’s stock valued at $39,679,000 after acquiring an additional 5,215 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of iShares Core S&P U.S. Value ETF by 6.3% in the 2nd quarter. Raymond James Financial Inc. now owns 1,505,339 shares of the company’s stock worth $142,450,000 after purchasing an additional 89,419 shares in the last quarter. Diversify Advisory Services LLC acquired a new stake in iShares Core S&P U.S. Value ETF during the second quarter valued at approximately $1,595,000. Main Street Financial Solutions LLC lifted its stake in iShares Core S&P U.S. Value ETF by 17.7% during the second quarter. Main Street Financial Solutions LLC now owns 111,497 shares of the company’s stock valued at $10,551,000 after purchasing an additional 16,777 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in iShares Core S&P U.S. Value ETF by 197.2% during the second quarter. NewEdge Advisors LLC now owns 119,799 shares of the company’s stock worth $11,337,000 after buying an additional 79,492 shares in the last quarter.

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

iShares Core S&P U.S. Value ETF stock opened at $103.43 on Friday. The firm has a market cap of $24.04 billion, a price-to-earnings ratio of 20.41 and a beta of 0.90. iShares Core S&P U.S. Value ETF has a 1 year low of $80.14 and a 1 year high of $104.12. The firm’s 50 day moving average price is $101.10 and its two-hundred day moving average price is $97.90.

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

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a $0.4714 dividend. This represents a $1.89 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43.

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.