B. Riley Wealth Advisors Inc. Takes $586,000 Position in iShares Core S&P U.S. Value ETF $IUSV

B. Riley Wealth Advisors Inc. acquired a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,194 shares of the company’s stock, valued at approximately $586,000.

Several other large investors also recently added to or reduced their stakes in IUSV. Elevation Point Wealth Partners LLC purchased a new stake in iShares Core S&P U.S. Value ETF in the second quarter worth about $26,000. Smithfield Trust Co bought a new position in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter valued at about $27,000. Headlands Technologies LLC raised its holdings in iShares Core S&P U.S. Value ETF by 520.3% during the 2nd quarter. Headlands Technologies LLC now owns 428 shares of the company’s stock valued at $41,000 after buying an additional 359 shares during the period. Franklin Resources Inc. lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 26.0% in the 2nd quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock worth $49,000 after acquiring an additional 108 shares during the last quarter. Finally, Toth Financial Advisory Corp purchased a new position in shares of iShares Core S&P U.S. Value ETF during the second quarter valued at approximately $53,000.

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

Shares of IUSV opened at $102.14 on Wednesday. The company has a 50-day moving average of $101.18 and a 200 day moving average of $98.15. The firm has a market capitalization of $23.74 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 $104.11.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th will be given a dividend of $0.5515 per share. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $2.21 dividend on an annualized basis and a yield of 2.2%. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47.

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.