Howe & Rusling Inc. Boosts Stock Holdings in iShares Core S&P U.S. Value ETF $IUSV

Howe & Rusling Inc. grew its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 2.2% during the 4th quarter, HoldingsChannel reports. The firm owned 349,317 shares of the company’s stock after acquiring an additional 7,432 shares during the quarter. iShares Core S&P U.S. Value ETF comprises about 2.4% of Howe & Rusling Inc.’s investment portfolio, making the stock its 10th biggest position. Howe & Rusling Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $35,819,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Prudent Investors Network Inc. grew its position in shares of iShares Core S&P U.S. Value ETF by 1.7% in the fourth quarter. Prudent Investors Network Inc. now owns 5,673 shares of the company’s stock valued at $582,000 after purchasing an additional 96 shares during the last quarter. MFA Wealth Services grew its position in shares of iShares Core S&P U.S. Value ETF by 0.4% in the fourth quarter. MFA Wealth Services now owns 23,848 shares of the company’s stock valued at $2,445,000 after purchasing an additional 98 shares during the last quarter. CBIZ Investment Advisory Services LLC grew its position in shares of iShares Core S&P U.S. Value ETF by 8.1% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 1,329 shares of the company’s stock valued at $136,000 after purchasing an additional 100 shares during the last quarter. Litman Gregory Wealth Management LLC grew its position in shares of iShares Core S&P U.S. Value ETF by 0.8% in the fourth quarter. Litman Gregory Wealth Management LLC now owns 13,253 shares of the company’s stock valued at $1,359,000 after purchasing an additional 100 shares during the last quarter. Finally, Parallel Advisors LLC grew its position in shares of iShares Core S&P U.S. Value ETF by 2.1% in the fourth quarter. Parallel Advisors LLC now owns 4,861 shares of the company’s stock valued at $499,000 after purchasing an additional 101 shares during the last quarter.

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

Shares of NASDAQ:IUSV opened at $111.03 on Wednesday. The company has a market cap of $26.28 billion, a P/E ratio of 20.41 and a beta of 0.83. The stock’s 50-day moving average is $108.19 and its 200-day moving average is $105.63. iShares Core S&P U.S. Value ETF has a 52-week low of $91.88 and a 52-week high of $111.50.

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

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be given a $0.4504 dividend. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. This represents a $1.80 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is 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.