Tanglewood Legacy Advisors LLC Sells 287,323 Shares of iShares Core S&P U.S. Value ETF $IUSV

Tanglewood Legacy Advisors LLC lowered its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 44.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 356,075 shares of the company’s stock after selling 287,323 shares during the period. iShares Core S&P U.S. Value ETF comprises approximately 13.7% of Tanglewood Legacy Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Tanglewood Legacy Advisors LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $36,512,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ransom Advisory Ltd acquired a new position in iShares Core S&P U.S. Value ETF in the 4th quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the fourth quarter worth $35,000. Headlands Technologies LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 520.3% during the second quarter. Headlands Technologies LLC now owns 428 shares of the company’s stock worth $41,000 after buying an additional 359 shares in the last quarter. American Wealth Advisors LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the third quarter worth $47,000. Finally, Franklin Resources Inc. lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 26.0% during the second quarter. Franklin Resources Inc. now owns 523 shares of the company’s stock worth $49,000 after buying an additional 108 shares in the last quarter.

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

IUSV opened at $108.80 on Tuesday. iShares Core S&P U.S. Value ETF has a fifty-two week low of $89.90 and a fifty-two week high of $109.34. The company has a market capitalization of $25.75 billion, a P/E ratio of 20.41 and a beta of 0.83. The stock has a fifty day moving average of $104.99 and a 200-day moving average of $104.26.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a dividend of $0.3925 per share. This represents a $1.57 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Tuesday, March 17th.

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