Certified Advisory Corp Cuts Position in iShares Core S&P U.S. Value ETF $IUSV

Certified Advisory Corp trimmed its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 39.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 68,742 shares of the company’s stock after selling 45,402 shares during the period. Certified Advisory Corp’s holdings in iShares Core S&P U.S. Value ETF were worth $7,029,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Prudent Investors Network Inc. increased its position in iShares Core S&P U.S. Value ETF by 1.7% during the 4th quarter. Prudent Investors Network Inc. now owns 5,673 shares of the company’s stock valued at $582,000 after buying an additional 96 shares in the last quarter. MFA Wealth Services grew its stake in shares of iShares Core S&P U.S. Value ETF by 0.4% in the fourth quarter. MFA Wealth Services now owns 23,848 shares of the company’s stock worth $2,445,000 after acquiring an additional 98 shares during the last quarter. CBIZ Investment Advisory Services LLC increased its holdings in shares of iShares Core S&P U.S. Value ETF by 8.1% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 1,329 shares of the company’s stock valued at $136,000 after acquiring an additional 100 shares in the last quarter. Litman Gregory Wealth Management LLC raised its position in shares of iShares Core S&P U.S. Value ETF by 0.8% in the 4th quarter. Litman Gregory Wealth Management LLC now owns 13,253 shares of the company’s stock worth $1,359,000 after purchasing an additional 100 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in iShares Core S&P U.S. Value ETF by 2.1% in the 4th quarter. Parallel Advisors LLC now owns 4,861 shares of the company’s stock worth $499,000 after purchasing an additional 101 shares in the last quarter.

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

Shares of IUSV stock opened at $109.58 on Wednesday. The company has a market capitalization of $25.94 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a one year low of $93.07 and a one year high of $111.50. The company’s 50-day moving average is $108.75 and its 200 day moving average is $105.89.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.4504 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.6%. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Monday, June 15th.

iShares Core S&P U.S. Value ETF Company Profile

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.