Confluence Investment Management LLC Purchases 192,371 Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Confluence Investment Management LLC raised its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 270.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 263,416 shares of the company’s stock after purchasing an additional 192,371 shares during the period. Confluence Investment Management LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $24,390,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Parallel Advisors LLC boosted its stake in shares of iShares Core S&P U.S. Value ETF by 1.8% during the 2nd quarter. Parallel Advisors LLC now owns 6,228 shares of the company’s stock worth $549,000 after purchasing an additional 112 shares during the period. Sweeney & Michel LLC boosted its position in iShares Core S&P U.S. Value ETF by 2.6% in the 3rd quarter. Sweeney & Michel LLC now owns 4,946 shares of the company’s stock valued at $481,000 after buying an additional 127 shares during the period. Carolinas Wealth Consulting LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 7.1% in the second quarter. Carolinas Wealth Consulting LLC now owns 2,311 shares of the company’s stock valued at $204,000 after purchasing an additional 153 shares during the period. New Century Financial Group LLC raised its position in iShares Core S&P U.S. Value ETF by 6.4% during the 3rd quarter. New Century Financial Group LLC now owns 3,028 shares of the company’s stock valued at $289,000 after purchasing an additional 181 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its position in iShares Core S&P U.S. Value ETF by 37.7% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 679 shares of the company’s stock valued at $65,000 after purchasing an additional 186 shares in the last quarter.

iShares Core S&P U.S. Value ETF Trading Down 0.1 %

Shares of IUSV traded down $0.09 during midday trading on Thursday, reaching $92.50. 377,028 shares of the stock were exchanged, compared to its average volume of 573,160. The company has a market capitalization of $18.77 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 $82.41 and a 52 week high of $100.29. The company’s 50 day moving average is $96.27 and its two-hundred day moving average is $93.64.

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

The firm also recently announced 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.