Nwam LLC Grows Stock Holdings in iShares Core S&P U.S. Value ETF $IUSV

Nwam LLC increased its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 2,334.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 263,686 shares of the company’s stock after acquiring an additional 252,855 shares during the quarter. iShares Core S&P U.S. Value ETF makes up approximately 1.5% of Nwam LLC’s holdings, making the stock its 11th largest holding. Nwam LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $29,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Renasant Bank purchased a new stake in iShares Core S&P U.S. Value ETF in the second quarter valued at $2,558,000. JNBA Financial Advisors purchased a new position in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter valued at about $8,322,000. Strategic Advisors LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter valued at about $501,000. BTG Pactual Asset Management US LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter valued at about $77,306,000. Finally, Oarsman Capital Inc. acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 2nd quarter valued at about $3,406,000.

iShares Core S&P U.S. Value ETF Stock Down 0.4%

Shares of IUSV opened at $114.43 on Tuesday. iShares Core S&P U.S. Value ETF has a 52 week low of $97.64 and a 52 week high of $116.19. The company has a market capitalization of $27.70 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. The stock’s 50-day moving average price is $112.78 and its 200-day moving average price is $108.84.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a $0.4504 dividend. The ex-dividend date of this dividend was Monday, June 15th. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. This represents a $1.80 dividend on an annualized basis and a yield of 1.6%.

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.