Kestra Private Wealth Services LLC Trims Stock Position in iShares Core S&P U.S. Value ETF $IUSV

Kestra Private Wealth Services LLC cut its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 16.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 286,084 shares of the company’s stock after selling 54,785 shares during the period. Kestra Private Wealth Services LLC owned about 0.12% of iShares Core S&P U.S. Value ETF worth $29,252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Motco purchased a new position in shares of iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $29,000. Ransom Advisory Ltd purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $35,000. Motiv8 Investments LLC purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $35,000. Finally, Garton & Associates Financial Advisors LLC acquired a new stake in iShares Core S&P U.S. Value ETF during the fourth quarter worth about $37,000.

iShares Core S&P U.S. Value ETF Trading Up 0.2%

Shares of IUSV stock opened at $109.76 on Thursday. The stock has a 50 day moving average of $108.85 and a 200 day moving average of $105.94. The stock has a market cap of $25.98 billion, a P/E ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a twelve month low of $93.07 and a twelve month high of $111.50.

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

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

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.