Merit Financial Group LLC Has $234.24 Million Position in iShares Core S&P U.S. Value ETF $IUSV

Merit Financial Group LLC lifted its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 2.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,343,537 shares of the company’s stock after purchasing an additional 55,050 shares during the quarter. iShares Core S&P U.S. Value ETF accounts for about 2.2% of Merit Financial Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Merit Financial Group LLC owned 1.01% of iShares Core S&P U.S. Value ETF worth $234,236,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Evolution Wealth Management Inc. purchased a new position in iShares Core S&P U.S. Value ETF in the 2nd quarter worth about $25,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter valued at about $26,000. Smithfield Trust Co bought a new stake in shares of iShares Core S&P U.S. Value ETF in the second quarter worth approximately $27,000. Headlands Technologies LLC raised its holdings in shares of iShares Core S&P U.S. Value ETF by 520.3% during the second quarter. Headlands Technologies LLC now owns 428 shares of the company’s stock valued at $41,000 after purchasing an additional 359 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in iShares Core S&P U.S. Value ETF by 26.0% during the second quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock valued at $49,000 after purchasing an additional 108 shares during the period.

iShares Core S&P U.S. Value ETF Trading Down 0.1%

Shares of IUSV stock opened at $103.32 on Wednesday. iShares Core S&P U.S. Value ETF has a 12-month low of $80.14 and a 12-month high of $104.11. The stock has a market capitalization of $24.02 billion, a P/E ratio of 20.41 and a beta of 0.90. The firm’s 50 day moving average is $101.83 and its 200 day moving average is $98.88.

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

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

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.