Transcend Capital Advisors LLC Lowers Stock Position in iShares Core S&P U.S. Value ETF $IUSV

Transcend Capital Advisors LLC cut its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 13.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 7,099 shares of the company’s stock after selling 1,104 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $672,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in iShares Core S&P U.S. Value ETF by 4.4% during the first quarter. LPL Financial LLC now owns 14,434,118 shares of the company’s stock worth $1,332,125,000 after buying an additional 612,628 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares Core S&P U.S. Value ETF by 14.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,252,441 shares of the company’s stock worth $497,039,000 after acquiring an additional 653,023 shares during the period. Blue Trust Inc. raised its position in iShares Core S&P U.S. Value ETF by 1.6% during the second quarter. Blue Trust Inc. now owns 4,856,346 shares of the company’s stock worth $459,556,000 after acquiring an additional 75,058 shares during the period. Jones Financial Companies Lllp raised its position in iShares Core S&P U.S. Value ETF by 12.2% during the first quarter. Jones Financial Companies Lllp now owns 4,831,365 shares of the company’s stock worth $441,698,000 after acquiring an additional 524,480 shares during the period. Finally, Signaturefd LLC raised its position in iShares Core S&P U.S. Value ETF by 0.5% during the second quarter. Signaturefd LLC now owns 4,483,865 shares of the company’s stock worth $424,308,000 after acquiring an additional 23,385 shares during the period.

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

NASDAQ:IUSV opened at $101.88 on Wednesday. The company has a fifty day moving average of $99.41 and a two-hundred day moving average of $95.13. The stock has a market capitalization of $23.63 billion, a PE ratio of 20.41 and a beta of 0.90. iShares Core S&P U.S. Value ETF has a fifty-two week low of $80.14 and a fifty-two week high of $102.46.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.4714 per share. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43. This represents a $1.89 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Tuesday, September 16th.

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.