Parsons Capital Management Inc. RI Buys 178 Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Parsons Capital Management Inc. RI boosted its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 5.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,761 shares of the company’s stock after purchasing an additional 178 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in iShares Core S&P U.S. Value ETF were worth $340,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in IUSV. GHP Investment Advisors Inc. acquired a new stake in iShares Core S&P U.S. Value ETF in the third quarter worth about $38,000. FAS Wealth Partners Inc. acquired a new stake in iShares Core S&P U.S. Value ETF in the third quarter worth about $38,000. NBC Securities Inc. acquired a new stake in iShares Core S&P U.S. Value ETF in the third quarter worth about $50,000. Mather Group LLC. acquired a new stake in iShares Core S&P U.S. Value ETF in the first quarter worth about $50,000. Finally, Aptus Capital Advisors LLC boosted its holdings in iShares Core S&P U.S. Value ETF by 282.8% in the third quarter. Aptus Capital Advisors LLC now owns 777 shares of the company’s stock worth $58,000 after acquiring an additional 574 shares in the last quarter.

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

NASDAQ IUSV traded down $0.17 during trading on Friday, hitting $87.12. The company’s stock had a trading volume of 403,145 shares, compared to its average volume of 638,589. The company has a market cap of $16.74 billion, a PE ratio of 22.53 and a beta of 0.95. The business’s 50 day simple moving average is $87.78 and its 200-day simple moving average is $83.25. iShares Core S&P U.S. Value ETF has a fifty-two week low of $71.27 and a fifty-two week high of $90.64.

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a dividend of $0.4397 per share. This represents a $1.76 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend was Thursday, March 21st.

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.