Confluence Investment Management LLC Increases Stock Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Confluence Investment Management LLC increased its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 270.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 263,416 shares of the company’s stock after purchasing an additional 192,371 shares during the period. Confluence Investment Management LLC owned approximately 0.13% of iShares Core S&P U.S. Value ETF worth $24,390,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of iShares Core S&P U.S. Value ETF by 13.3% in the third quarter. JPMorgan Chase & Co. now owns 1,862,473 shares of the company’s stock worth $177,848,000 after acquiring an additional 219,149 shares during the period. Bleakley Financial Group LLC bought a new stake in shares of iShares Core S&P U.S. Value ETF during the 3rd quarter valued at about $207,000. Envestnet Asset Management Inc. grew its stake in shares of iShares Core S&P U.S. Value ETF by 7.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,137,440 shares of the company’s stock valued at $364,633,000 after purchasing an additional 298,653 shares during the period. MB Generational Wealth LLC purchased a new stake in shares of iShares Core S&P U.S. Value ETF during the 3rd quarter valued at about $208,000. Finally, Orion Portfolio Solutions LLC lifted its stake in shares of iShares Core S&P U.S. Value ETF by 65.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 8,820 shares of the company’s stock worth $842,000 after purchasing an additional 3,504 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 traded down $0.09 on Thursday, hitting $92.50. 377,028 shares of the company’s stock were exchanged, compared to its average volume of 573,160. The stock has a market capitalization of $18.77 billion, a PE ratio of 22.96 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 1 year low of $82.41 and a 1 year high of $100.29. The company has a 50-day simple moving average of $96.27 and a 200-day simple moving average of $93.64.

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

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.5456 per share. The ex-dividend date was Tuesday, December 17th.

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.