Modera Wealth Management LLC Cuts Stock Position in iShares Core S&P U.S. Value ETF $IUSV

Modera Wealth Management LLC reduced its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 5.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,193,892 shares of the company’s stock after selling 65,665 shares during the quarter. iShares Core S&P U.S. Value ETF accounts for about 1.4% of Modera Wealth Management LLC’s holdings, making the stock its 15th largest holding. Modera Wealth Management LLC owned approximately 0.52% of iShares Core S&P U.S. Value ETF worth $122,422,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. MFA Wealth Services boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 0.4% in the 4th quarter. MFA Wealth Services now owns 23,848 shares of the company’s stock worth $2,445,000 after purchasing an additional 98 shares in the last quarter. Helen Stephens Group LLC boosted its holdings in iShares Core S&P U.S. Value ETF by 3.9% during the 3rd quarter. Helen Stephens Group LLC now owns 2,717 shares of the company’s stock valued at $272,000 after acquiring an additional 103 shares during the period. Octavia Wealth Advisors LLC boosted its holdings in iShares Core S&P U.S. Value ETF by 3.8% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 2,855 shares of the company’s stock valued at $285,000 after acquiring an additional 104 shares during the period. Franklin Resources Inc. boosted its holdings in iShares Core S&P U.S. Value ETF by 26.0% during the 2nd quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock valued at $49,000 after acquiring an additional 108 shares during the period. Finally, Sterling Wealth Management Inc. boosted its holdings in iShares Core S&P U.S. Value ETF by 0.4% during the 3rd quarter. Sterling Wealth Management Inc. now owns 26,836 shares of the company’s stock valued at $2,682,000 after acquiring an additional 108 shares during the period.

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

Shares of IUSV stock opened at $103.03 on Tuesday. The stock has a market capitalization of $24.26 billion, a PE ratio of 20.41 and a beta of 0.90. iShares Core S&P U.S. Value ETF has a 1-year low of $80.14 and a 1-year high of $108.20. The business has a 50-day moving average of $104.78 and a 200 day moving average of $102.90.

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

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a dividend of $0.3925 per share. The ex-dividend date was Tuesday, March 17th. This represents a $1.57 annualized dividend and a yield of 1.5%.

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.