KFG Wealth Management LLC Acquires 194 Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

KFG Wealth Management LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 6.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,107 shares of the company’s stock after purchasing an additional 194 shares during the quarter. KFG Wealth Management LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $262,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in IUSV. Bank of Montreal Can grew its holdings in iShares Core S&P U.S. Value ETF by 11.9% during the 1st quarter. Bank of Montreal Can now owns 9,092 shares of the company’s stock valued at $700,000 after buying an additional 969 shares in the last quarter. Synovus Financial Corp purchased a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter worth $260,000. NewEdge Advisors LLC boosted its position in shares of iShares Core S&P U.S. Value ETF by 9.9% during the first quarter. NewEdge Advisors LLC now owns 18,988 shares of the company’s stock worth $1,441,000 after acquiring an additional 1,713 shares during the last quarter. Equitable Holdings Inc. grew its stake in iShares Core S&P U.S. Value ETF by 9.5% during the first quarter. Equitable Holdings Inc. now owns 113,830 shares of the company’s stock valued at $8,636,000 after acquiring an additional 9,875 shares in the last quarter. Finally, Prudential Financial Inc. increased its holdings in iShares Core S&P U.S. Value ETF by 42.3% in the 1st quarter. Prudential Financial Inc. now owns 76,046 shares of the company’s stock valued at $5,770,000 after acquiring an additional 22,588 shares during the last quarter.

iShares Core S&P U.S. Value ETF Stock Up 0.8 %

IUSV stock traded up $0.68 during mid-day trading on Friday, hitting $86.26. The company had a trading volume of 766,348 shares, compared to its average volume of 653,269. The company has a market capitalization of $16.48 billion, a price-to-earnings ratio of 22.95 and a beta of 0.95. The company has a 50-day moving average price of $87.56 and a 200 day moving average price of $82.58. iShares Core S&P U.S. Value ETF has a 12-month low of $71.27 and a 12-month high of $90.64.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a $0.4397 dividend. The ex-dividend date was Thursday, March 21st. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.04%.

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

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.