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

Envestnet Asset Management Inc. raised its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 4.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,411,105 shares of the company’s stock after purchasing an additional 204,365 shares during the quarter. Envestnet Asset Management Inc. owned 2.09% of iShares Core S&P U.S. Value ETF worth $408,424,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Mogy Joel R Investment Counsel Inc. raised its stake in iShares Core S&P U.S. Value ETF by 278.8% during the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 375 shares of the company’s stock valued at $35,000 after purchasing an additional 276 shares during the period. Hager Investment Management Services LLC purchased a new stake in iShares Core S&P U.S. Value ETF during the 4th quarter valued at approximately $36,000. Franklin Resources Inc. grew its holdings in iShares Core S&P U.S. Value ETF by 1,560.0% during the 4th quarter. Franklin Resources Inc. now owns 415 shares of the company’s stock valued at $38,000 after buying an additional 390 shares in the last quarter. Global Wealth Strategies & Associates lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 293.6% in the fourth quarter. Global Wealth Strategies & Associates now owns 429 shares of the company’s stock worth $40,000 after buying an additional 320 shares in the last quarter. Finally, Hoese & Co LLP bought a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter worth $41,000.

iShares Core S&P U.S. Value ETF Stock Down 5.7 %

Shares of IUSV stock opened at $83.69 on Friday. The company’s fifty day simple moving average is $93.65 and its two-hundred day simple moving average is $94.88. iShares Core S&P U.S. Value ETF has a 52 week low of $83.57 and a 52 week high of $100.29. The stock has a market cap of $18.33 billion, a P/E ratio of 21.47 and a beta of 0.95.

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

The company also recently announced a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were given a $0.3667 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.