Sowell Financial Services LLC reduced its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Free Report) by 96.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 4,729 shares of the company’s stock after selling 121,975 shares during the period. Sowell Financial Services LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $522,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Manchester Capital Management LLC bought a new position in iShares Core S&P U.S. Value ETF in the third quarter valued at about $120,000. Farmers & Merchants Investments Inc. acquired a new stake in iShares Core S&P U.S. Value ETF in the third quarter worth about $61,000. Gibson Capital LLC acquired a new stake in iShares Core S&P U.S. Value ETF in the third quarter worth about $232,000. Christensen King & Associates Investment Services Inc. raised its holdings in iShares Core S&P U.S. Value ETF by 43.1% during the 3rd quarter. Christensen King & Associates Investment Services Inc. now owns 4,842 shares of the company’s stock worth $534,000 after purchasing an additional 1,459 shares during the last quarter. Finally, MLP3 LLC raised its holdings in iShares Core S&P U.S. Value ETF by 14.1% during the 3rd quarter. MLP3 LLC now owns 14,043 shares of the company’s stock worth $1,549,000 after purchasing an additional 1,731 shares during the last quarter.
iShares Core S&P U.S. Value ETF Trading Up 0.2%
Shares of NASDAQ:IUSV opened at $115.98 on Tuesday. iShares Core S&P U.S. Value ETF has a 1-year low of $98.22 and a 1-year high of $116.66. The stock has a market capitalization of $28.48 billion, a P/E ratio of 20.41 and a beta of 0.83. The business has a 50-day moving average price of $113.52 and a two-hundred day moving average price of $109.54.
iShares Core S&P U.S. Value ETF Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.4911 per share. The ex-dividend date was Tuesday, September 15th. This represents a $1.96 annualized dividend and a dividend yield of 1.7%. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.4504.
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.
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