iShares Core S&P U.S. Value ETF $IUSV Shares Sold by Independence Financial Advisors LLC

Independence Financial Advisors LLC cut its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 8.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 58,613 shares of the company’s stock after selling 5,182 shares during the quarter. iShares Core S&P U.S. Value ETF accounts for about 1.6% of Independence Financial Advisors LLC’s portfolio, making the stock its 22nd biggest holding. Independence Financial Advisors LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $6,464,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Total Clarity Wealth Management Inc. grew its stake in shares of iShares Core S&P U.S. Value ETF by 115.1% during the 1st quarter. Total Clarity Wealth Management Inc. now owns 9,871 shares of the company’s stock worth $1,009,000 after acquiring an additional 5,282 shares in the last quarter. Prism Planning Partners LLC bought a new stake in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth $1,265,000. Elevation Point Wealth Partners LLC acquired a new position in iShares Core S&P U.S. Value ETF during the first quarter worth $3,985,000. Strategic Advisors LLC acquired a new position in iShares Core S&P U.S. Value ETF during the second quarter worth $501,000. Finally, Envestnet Asset Management Inc. grew its position in iShares Core S&P U.S. Value ETF by 5.7% in the second quarter. Envestnet Asset Management Inc. now owns 7,575,951 shares of the company’s stock valued at $834,477,000 after purchasing an additional 410,930 shares in the last quarter.

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

IUSV stock traded up $0.72 during midday trading on Thursday, hitting $112.22. The company’s stock had a trading volume of 631,497 shares, compared to its average volume of 841,242. The company’s fifty day moving average price is $113.45 and its 200 day moving average price is $110.19. iShares Core S&P U.S. Value ETF has a twelve month low of $97.94 and a twelve month high of $116.19. The stock has a market capitalization of $27.57 billion, a P/E ratio of 20.41 and a beta of 0.83.

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

The business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.4911 dividend. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.4504. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, September 15th.

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.