First Manhattan Co. Cuts Stake in iShares Russell 3000 Value Index (IUSV)

First Manhattan Co. lessened its stake in shares of iShares Russell 3000 Value Index (BMV:IUSV) by 4.9% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 18,940 shares of the company’s stock after selling 975 shares during the quarter. First Manhattan Co.’s holdings in iShares Russell 3000 Value Index were worth $1,038,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE raised its stake in iShares Russell 3000 Value Index by 14.7% in the 4th quarter. Bank of America Corp DE now owns 29,537,875 shares of the company’s stock worth $1,450,015,000 after purchasing an additional 3,793,427 shares in the last quarter. LPL Financial LLC raised its stake in iShares Russell 3000 Value Index by 7.2% in the 4th quarter. LPL Financial LLC now owns 9,504,585 shares of the company’s stock worth $466,580,000 after purchasing an additional 634,747 shares in the last quarter. BlackRock Inc. raised its stake in iShares Russell 3000 Value Index by 3.3% in the 4th quarter. BlackRock Inc. now owns 1,519,046 shares of the company’s stock worth $74,570,000 after purchasing an additional 49,095 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in iShares Russell 3000 Value Index by 10.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,390,117 shares of the company’s stock worth $68,241,000 after purchasing an additional 129,439 shares in the last quarter. Finally, United Services Automobile Association raised its stake in iShares Russell 3000 Value Index by 4.5% in the 4th quarter. United Services Automobile Association now owns 1,181,221 shares of the company’s stock worth $57,986,000 after purchasing an additional 50,852 shares in the last quarter.

Shares of iShares Russell 3000 Value Index stock opened at $56.64 on Wednesday. iShares Russell 3000 Value Index has a 1 year low of $905.35 and a 1 year high of $1,088.00.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were issued a dividend of $0.3116 per share. This represents a $1.25 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend was Wednesday, March 20th.

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Institutional Ownership by Quarter for iShares Russell 3000 Value Index (BMV:IUSV)

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