Canandaigua National Bank & Trust Co. Purchases 808,409 Shares of iShares Core S&P U.S. Value ETF $IUSV

Canandaigua National Bank & Trust Co. acquired a new stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 808,409 shares of the company’s stock, valued at approximately $89,151,000. iShares Core S&P U.S. Value ETF accounts for about 8.0% of Canandaigua National Bank & Trust Co.’s portfolio, making the stock its largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FAS Wealth Partners Inc. bought a new position in iShares Core S&P U.S. Value ETF in the 1st quarter worth $29,000. Motiv8 Investments LLC bought a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter valued at about $35,000. Physician Wealth Advisors Inc. purchased a new stake in iShares Core S&P U.S. Value ETF in the first quarter worth about $36,000. SHP Wealth Management purchased a new stake in iShares Core S&P U.S. Value ETF in the fourth quarter worth about $42,000. Finally, Hilton Head Capital Partners LLC bought a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $45,000.

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

Shares of IUSV stock traded down $0.48 during trading hours on Wednesday, reaching $111.50. 490,880 shares of the company traded hands, compared to its average volume of 842,335. iShares Core S&P U.S. Value ETF has a 12-month low of $97.94 and a 12-month high of $116.19. The company has a market cap of $27.39 billion, a P/E ratio of 20.41 and a beta of 0.83. The firm has a 50-day moving average price of $113.47 and a 200 day moving average price of $110.12.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.4911 per share. This represents a $1.96 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.4504.

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.