Steele Capital Management Inc. Makes New $18.74 Million Investment in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Steele Capital Management Inc. purchased a new stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 222,272 shares of the company’s stock, valued at approximately $18,744,000. iShares Core S&P U.S. Value ETF accounts for about 1.2% of Steele Capital Management Inc.’s holdings, making the stock its 21st largest holding. Steele Capital Management Inc. owned approximately 0.12% of iShares Core S&P U.S. Value ETF at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. FAS Wealth Partners Inc. purchased a new stake in iShares Core S&P U.S. Value ETF in the third quarter worth $38,000. NBC Securities Inc. bought a new stake in iShares Core S&P U.S. Value ETF during the 3rd quarter valued at about $50,000. Aptus Capital Advisors LLC boosted its position in iShares Core S&P U.S. Value ETF by 282.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 777 shares of the company’s stock valued at $58,000 after buying an additional 574 shares during the period. Fifth Third Bancorp grew its stake in iShares Core S&P U.S. Value ETF by 2,965.8% in the 3rd quarter. Fifth Third Bancorp now owns 1,165 shares of the company’s stock worth $87,000 after acquiring an additional 1,127 shares in the last quarter. Finally, Sound Income Strategies LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter worth approximately $106,000.

iShares Core S&P U.S. Value ETF Stock Up 0.5 %

Shares of IUSV stock traded up $0.41 on Monday, hitting $87.53. The stock had a trading volume of 602,344 shares, compared to its average volume of 638,147. iShares Core S&P U.S. Value ETF has a one year low of $71.27 and a one year high of $90.64. The business has a 50 day moving average price of $87.78 and a 200 day moving average price of $83.25. The company has a market cap of $16.86 billion, a PE ratio of 22.53 and a beta of 0.95.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a $0.4397 dividend. This represents a $1.76 annualized dividend and a yield of 2.01%. The ex-dividend date 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.