Allworth Financial LP Sells 9,937 Shares of iShares Core S&P U.S. Value ETF $IUSV

Allworth Financial LP cut its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 1.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 587,665 shares of the company’s stock after selling 9,937 shares during the quarter. Allworth Financial LP owned approximately 0.24% of iShares Core S&P U.S. Value ETF worth $64,731,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IUSV. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core S&P U.S. Value ETF by 3.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 387,312 shares of the company’s stock worth $39,715,000 after purchasing an additional 13,927 shares in the last quarter. Duncan Williams Asset Management LLC boosted its position in shares of iShares Core S&P U.S. Value ETF by 31.3% in the 4th quarter. Duncan Williams Asset Management LLC now owns 272,824 shares of the company’s stock worth $29,217,000 after purchasing an additional 65,030 shares in the last quarter. PCA Investment Advisory Services Inc. grew its stake in iShares Core S&P U.S. Value ETF by 8.4% during the 4th quarter. PCA Investment Advisory Services Inc. now owns 302,508 shares of the company’s stock worth $31,019,000 after buying an additional 23,402 shares during the last quarter. Total Clarity Wealth Management Inc. grew its stake in 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 buying an additional 5,282 shares during the last quarter. Finally, Prism Planning Partners LLC purchased a new position in iShares Core S&P U.S. Value ETF during the 4th quarter worth $1,265,000.

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

NASDAQ:IUSV traded down $0.73 during mid-day trading on Tuesday, hitting $113.95. 500,771 shares of the company’s stock traded hands, compared to its average volume of 873,459. The company has a fifty day moving average of $113.27 and a 200 day moving average of $109.12. iShares Core S&P U.S. Value ETF has a twelve month low of $97.64 and a twelve month high of $116.19. The company has a market capitalization of $27.59 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 firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.4504 per share. The ex-dividend date was Monday, June 15th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.6%.

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.