LRI Investments LLC Invests $330,000 in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

LRI Investments LLC purchased a new position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) in the first quarter, Holdings Channel.com reports. The firm purchased 3,703 shares of the company’s stock, valued at approximately $330,000.

A number of other large investors have also recently made changes to their positions in the stock. Mather Group LLC. purchased a new stake in iShares Core S&P U.S. Value ETF during the first quarter valued at approximately $50,000. Capital Investment Advisory Services LLC increased its holdings in iShares Core S&P U.S. Value ETF by 1,309.5% during the first quarter. Capital Investment Advisory Services LLC now owns 888 shares of the company’s stock valued at $80,000 after buying an additional 825 shares during the last quarter. Sanctuary Wealth Management L.L.C. purchased a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter valued at approximately $79,000. Scarborough Advisors LLC purchased a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter valued at approximately $93,000. Finally, Assetmark Inc. increased its holdings in iShares Core S&P U.S. Value ETF by 11.8% during the fourth quarter. Assetmark Inc. now owns 1,118 shares of the company’s stock valued at $94,000 after buying an additional 118 shares during the last quarter.

iShares Core S&P U.S. Value ETF Trading Up 1.3 %

IUSV stock traded up $1.18 during midday trading on Friday, reaching $91.82. 337,497 shares of the company’s stock traded hands, compared to its average volume of 557,912. iShares Core S&P U.S. Value ETF has a 52-week low of $71.27 and a 52-week high of $92.71. The stock has a market cap of $18.25 billion, a P/E ratio of 22.96 and a beta of 0.95. The stock’s 50-day moving average is $88.93 and its 200 day moving average is $87.60.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a dividend of $0.4205 per share. The ex-dividend date was Tuesday, June 11th. This represents a $1.68 dividend on an annualized basis and a yield of 1.83%.

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.