Private Advisor Group LLC Trims Stake in iShares Core S&P U.S. Value ETF $IUSV

Private Advisor Group LLC lessened its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 38.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 219,581 shares of the company’s stock after selling 137,015 shares during the quarter. Private Advisor Group LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $22,452,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Auto Owners Insurance Co raised its holdings in shares of iShares Core S&P U.S. Value ETF by 15,983.5% in the fourth quarter. Auto Owners Insurance Co now owns 138,961,020 shares of the company’s stock worth $13,896,102,000 after acquiring an additional 138,097,020 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of iShares Core S&P U.S. Value ETF by 7.8% during the third quarter. Bank of America Corp DE now owns 80,233,541 shares of the company’s stock valued at $8,019,342,000 after acquiring an additional 5,830,890 shares during the last quarter. Valpey Financial Services LLC increased its position in iShares Core S&P U.S. Value ETF by 10,060.9% during the 4th quarter. Valpey Financial Services LLC now owns 2,962,216 shares of the company’s stock worth $303,746,000 after purchasing an additional 2,933,063 shares in the last quarter. Venturi Wealth Management LLC increased its position in iShares Core S&P U.S. Value ETF by 455.2% during the 4th quarter. Venturi Wealth Management LLC now owns 1,297,346 shares of the company’s stock worth $133,030,000 after purchasing an additional 1,063,672 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in iShares Core S&P U.S. Value ETF by 8,501.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 695,290 shares of the company’s stock valued at $71,295,000 after purchasing an additional 687,207 shares during the last quarter.

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

Shares of IUSV stock opened at $111.58 on Friday. The company has a market capitalization of $26.78 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. The firm has a 50-day moving average price of $109.43 and a 200 day moving average price of $106.29. iShares Core S&P U.S. Value ETF has a twelve month low of $93.91 and a twelve month high of $111.61.

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. Stockholders of record on Monday, June 15th were issued a dividend of $0.4504 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.6%. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date 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.