Towne Trust Company N.A Acquires 7,939 Shares of iShares Core S&P U.S. Value ETF $IUSV

Towne Trust Company N.A increased its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 25.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 39,026 shares of the company’s stock after acquiring an additional 7,939 shares during the quarter. iShares Core S&P U.S. Value ETF makes up approximately 1.3% of Towne Trust Company N.A’s portfolio, making the stock its 25th largest position. Towne Trust Company N.A’s holdings in iShares Core S&P U.S. Value ETF were worth $3,990,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Auto Owners Insurance Co lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 15,983.5% during the fourth quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock worth $13,896,102,000 after buying an additional 138,097,020 shares during the last quarter. Bank of America Corp DE raised its stake in shares of iShares Core S&P U.S. Value ETF by 7.8% in the 3rd quarter. Bank of America Corp DE now owns 80,233,541 shares of the company’s stock valued at $8,019,342,000 after buying an additional 5,830,890 shares in the last quarter. Valpey Financial Services LLC raised its stake in shares of iShares Core S&P U.S. Value ETF by 10,060.9% in the 4th quarter. Valpey Financial Services LLC now owns 2,962,216 shares of the company’s stock valued at $303,746,000 after buying an additional 2,933,063 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 455.2% during the 4th quarter. Venturi Wealth Management LLC now owns 1,297,346 shares of the company’s stock worth $133,030,000 after acquiring an additional 1,063,672 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 8,501.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 695,290 shares of the company’s stock worth $71,295,000 after acquiring an additional 687,207 shares during the period.

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

Shares of iShares Core S&P U.S. Value ETF stock opened at $109.83 on Friday. The firm has a market cap of $26.00 billion, a P/E ratio of 20.41 and a beta of 0.83. The firm’s 50-day simple moving average is $109.01 and its 200-day simple moving average is $106.01. iShares Core S&P U.S. Value ETF has a twelve month low of $93.77 and a twelve month high of $111.50.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.4504 per share. This is a positive change 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%. The ex-dividend date was Monday, June 15th.

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.