24,052 iShares Core S&P U.S. Value ETF $IUSV Shares Sold by Equity Investment Corp

Equity Investment Corp lessened its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 66.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 12,005 shares of the company’s stock after selling 24,052 shares during the period. Equity Investment Corp’s holdings in iShares Core S&P U.S. Value ETF were worth $1,324,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IUSV. Concurrent Investment Advisors LLC lifted its stake in shares of iShares Core S&P U.S. Value ETF by 9.7% in the second quarter. Concurrent Investment Advisors LLC now owns 173,977 shares of the company’s stock worth $19,164,000 after acquiring an additional 15,382 shares during the period. Strategic Advisors LLC bought a new stake in iShares Core S&P U.S. Value ETF in the second quarter valued at approximately $501,000. Envestnet Asset Management Inc. boosted its holdings in iShares Core S&P U.S. Value ETF by 5.7% in the second quarter. Envestnet Asset Management Inc. now owns 7,575,951 shares of the company’s stock valued at $834,477,000 after acquiring an additional 410,930 shares during the last quarter. Kintra Wealth LLC increased its position in iShares Core S&P U.S. Value ETF by 33.6% during the 2nd quarter. Kintra Wealth LLC now owns 591,891 shares of the company’s stock valued at $68,257,000 after purchasing an additional 148,941 shares during the period. Finally, Renasant Bank acquired a new stake in iShares Core S&P U.S. Value ETF during the 2nd quarter valued at approximately $2,558,000.

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

iShares Core S&P U.S. Value ETF stock opened at $116.36 on Wednesday. iShares Core S&P U.S. Value ETF has a 52-week low of $98.22 and a 52-week high of $118.29. The firm has a 50 day moving average price of $113.60 and a two-hundred day moving average price of $109.86. The firm has a market cap of $28.67 billion, a price-to-earnings ratio of 21.93 and a beta of 0.83.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were paid a $0.4911 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.7%. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.4504.

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.