New Century Financial Group LLC Expands Holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

New Century Financial Group LLC has recently increased its investment in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 6.4% during the third quarter of the year. As per the latest disclosures made to the Securities and Exchange Commission, the firm now holds 3,028 shares of the ETF, having acquired an additional 181 shares in this period. The total value of New Century Financial Group's holdings in the iShares Core S&P U.S. Value ETF amounts to approximately $289,000 as of the end of the last quarter.

In addition to New Century Financial Group, several institutional investors and hedge funds have also made adjustments to their positions in IUSV. For instance, Clarity Asset Management Inc. initiated a new position in the fund during the second quarter, valued at $35,000. Moreover, Newbridge Financial Services Group Inc. increased its holdings by 133.0%, now owning 522 shares worth $46,000 after purchasing an additional 298 shares. Gradient Investments LLC experienced a substantial boost of 1,550.0% in its position during the same quarter, bringing its total to 528 shares valued at $47,000 after acquiring an additional 496 shares. Family Firm Inc. also entered a new stake valued at roughly $48,000 during this period. Furthermore, Moisand Fitzgerald Tamayo LLC added a new position in the ETF, valued at about $48,000 during the third quarter.

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

As for the performance of the iShares Core S&P U.S. Value ETF, shares opened trading at $97.25 on a recent Monday. The ETF has a market capitalization of $19.71 billion with a price-to-earnings ratio of 22.96 and a beta value of 0.95, indicating its volatility in relation to the overall market. Over the last year, the fund experienced a low of $71.27 and a high of $97.33. Currently, the 50-day simple moving average stands at $94.19, while the two-hundred day simple moving average is at $90.61.

Dividend Announcement and Increase

The company has also announced a dividend, which was paid on September 30th. Shareholders of record on September 25th received a dividend payout of $0.5824, marking an increase from the previous dividend of $0.44. The ex-dividend date was also the same as the record date.

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

The iShares Core S&P U.S. Value ETF, or IUSV, is an exchange-traded fund that tracks the S&P 900 Value index. The ETF aims to represent large- and mid-cap value stocks in the United States, selecting from the top 3,000 stocks based on market capitalization ranked by three value factors. IUSV was launched on July 24, 2000, and is managed by BlackRock.

Investment, ETFs, Holdings