Graypoint LLC Buys Shares of 17,510 iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Graypoint LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 17,510 shares of the company’s stock, valued at approximately $1,543,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Gradient Investments LLC increased its position in shares of iShares Core S&P U.S. Value ETF by 1,550.0% during the 2nd quarter. Gradient Investments LLC now owns 528 shares of the company’s stock valued at $47,000 after purchasing an additional 496 shares during the last quarter. Family Firm Inc. purchased a new position in iShares Core S&P U.S. Value ETF in the second quarter worth $48,000. Mather Group LLC. purchased a new position in shares of iShares Core S&P U.S. Value ETF during the 1st quarter valued at about $50,000. Kings Path Partners LLC bought a new position in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter valued at $62,000. Finally, Sanctuary Wealth Management L.L.C. bought a new stake in shares of iShares Core S&P U.S. Value ETF in the 4th quarter valued at about $79,000.

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

iShares Core S&P U.S. Value ETF stock traded up $0.70 during trading hours on Friday, reaching $94.93. The stock had a trading volume of 355,893 shares, compared to its average volume of 543,877. The stock has a market cap of $18.89 billion, a PE ratio of 22.96 and a beta of 0.95. The company has a fifty day simple moving average of $90.56 and a 200-day simple moving average of $88.89. iShares Core S&P U.S. Value ETF has a 52 week low of $71.27 and a 52 week high of $95.04.

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

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were given a dividend of $0.4205 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend was Tuesday, June 11th.

About iShares Core S&P U.S. Value ETF

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.