Envestnet Asset Management Inc. Increases Stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Envestnet Asset Management Inc. grew its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 7.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,137,440 shares of the company’s stock after purchasing an additional 298,653 shares during the period. Envestnet Asset Management Inc. owned about 2.08% of iShares Core S&P U.S. Value ETF worth $364,633,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IUSV. DDFG Inc grew its position in iShares Core S&P U.S. Value ETF by 1.0% during the fourth quarter. DDFG Inc now owns 219,691 shares of the company’s stock valued at $18,527,000 after buying an additional 2,098 shares during the period. Vantage Financial Partners LLC raised its holdings in iShares Core S&P U.S. Value ETF by 2.6% in the 4th quarter. Vantage Financial Partners LLC now owns 58,018 shares of the company’s stock worth $4,893,000 after purchasing an additional 1,448 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in iShares Core S&P U.S. Value ETF by 15.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 10,240 shares of the company’s stock worth $864,000 after purchasing an additional 1,355 shares in the last quarter. Brown Advisory Inc. grew its holdings in iShares Core S&P U.S. Value ETF by 0.6% in the fourth quarter. Brown Advisory Inc. now owns 26,184 shares of the company’s stock valued at $2,208,000 after purchasing an additional 160 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in iShares Core S&P U.S. Value ETF by 1.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 553,252 shares of the company’s stock valued at $46,656,000 after purchasing an additional 10,083 shares during the period.

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

Shares of IUSV stock opened at $93.98 on Friday. The stock has a 50 day simple moving average of $91.66 and a 200-day simple moving average of $89.41. iShares Core S&P U.S. Value ETF has a 1-year low of $71.27 and a 1-year high of $95.04. The company has a market cap of $18.70 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95.

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