Manhattan West Asset Management LLC Makes New $218,000 Investment in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Manhattan West Asset Management LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the first quarter, Holdings Channel reports. The fund acquired 2,411 shares of the company’s stock, valued at approximately $218,000.

Several other large investors have also recently modified their holdings of the stock. Assetmark Inc. boosted its holdings in iShares Core S&P U.S. Value ETF by 11.8% during the 4th quarter. Assetmark Inc. now owns 1,118 shares of the company’s stock valued at $94,000 after acquiring an additional 118 shares during the period. Exencial Wealth Advisors LLC lifted its position in iShares Core S&P U.S. Value ETF by 2.8% in the fourth quarter. Exencial Wealth Advisors LLC now owns 4,496 shares of the company’s stock valued at $379,000 after purchasing an additional 121 shares during the last quarter. Investment Advisory Group LLC boosted its stake in shares of iShares Core S&P U.S. Value ETF by 2.7% during the fourth quarter. Investment Advisory Group LLC now owns 4,680 shares of the company’s stock valued at $395,000 after purchasing an additional 122 shares during the period. Patten & Patten Inc. TN grew its holdings in shares of iShares Core S&P U.S. Value ETF by 3.9% in the first quarter. Patten & Patten Inc. TN now owns 3,320 shares of the company’s stock worth $300,000 after purchasing an additional 125 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its holdings in shares of iShares Core S&P U.S. Value ETF by 2.1% in the first quarter. Benjamin Edwards Inc. now owns 6,855 shares of the company’s stock worth $620,000 after purchasing an additional 144 shares during the last quarter.

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

NASDAQ:IUSV traded up $1.18 during midday trading on Friday, reaching $91.82. 337,497 shares of the stock traded hands, compared to its average volume of 557,912. The stock has a market capitalization of $18.25 billion, a P/E ratio of 22.96 and a beta of 0.95. The company has a fifty day moving average of $88.93 and a 200 day moving average of $87.63. iShares Core S&P U.S. Value ETF has a 12 month low of $71.27 and a 12 month high of $92.71.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a dividend of $0.4205 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend was Tuesday, June 11th.

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.