Bright Futures Wealth Management LLC. Invests $598,000 in iShares Core S&P U.S. Value ETF $IUSV

Bright Futures Wealth Management LLC. bought a new stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,983 shares of the company’s stock, valued at approximately $598,000.

Other hedge funds have also bought and sold shares of the company. Evolution Wealth Management Inc. bought a new position in shares of iShares Core S&P U.S. Value ETF in the second quarter worth about $25,000. Elevation Point Wealth Partners LLC purchased a new stake in iShares Core S&P U.S. Value ETF in the 2nd quarter worth approximately $26,000. Smithfield Trust Co purchased a new stake in iShares Core S&P U.S. Value ETF in the 2nd quarter worth approximately $27,000. Headlands Technologies LLC raised its stake 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 worth $41,000 after acquiring an additional 359 shares during the period. Finally, Mather Group LLC. bought a new stake in iShares Core S&P U.S. Value ETF during the 3rd quarter worth approximately $46,000.

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

IUSV opened at $107.58 on Monday. The company has a 50 day simple moving average of $105.37 and a two-hundred day simple moving average of $102.05. The firm has a market cap of $24.83 billion, a P/E 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 $108.20.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $0.5515 dividend. This represents a $2.21 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Tuesday, December 16th. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47.

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.