Ballentine Partners LLC Makes New $3.52 Million Investment in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Ballentine Partners LLC purchased a new stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 39,983 shares of the company’s stock, valued at approximately $3,524,000.

Several other large investors have also modified their holdings of the business. Gradient Investments LLC lifted its stake in iShares Core S&P U.S. Value ETF by 1,550.0% in the 2nd quarter. Gradient Investments LLC now owns 528 shares of the company’s stock valued at $47,000 after buying an additional 496 shares in the last quarter. Family Firm Inc. acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the second quarter valued at $48,000. Mather Group LLC. purchased a new stake in iShares Core S&P U.S. Value ETF during the 1st quarter worth about $50,000. Kings Path Partners LLC acquired a new position in iShares Core S&P U.S. Value ETF in the 2nd quarter valued at about $62,000. Finally, Capital Investment Advisory Services LLC lifted its holdings in iShares Core S&P U.S. Value ETF by 1,309.5% in the 1st quarter. Capital Investment Advisory Services LLC now owns 888 shares of the company’s stock valued at $80,000 after purchasing an additional 825 shares in the last quarter.

iShares Core S&P U.S. Value ETF Trading Down 1.0 %

Shares of NASDAQ IUSV traded down $0.93 during midday trading on Friday, reaching $92.41. 472,894 shares of the stock were exchanged, compared to its average volume of 545,960. The stock has a 50 day moving average price of $91.11 and a 200-day moving average price of $89.17. The company has a market capitalization of $18.39 billion, a P/E ratio of 22.96 and a beta of 0.95. 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 company also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a $0.4205 dividend. The ex-dividend date was Tuesday, June 11th. This represents a $1.68 annualized dividend and a yield of 1.82%.

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.