RDA Financial Network Trims Holdings in iShares Core S&P U.S. Value ETF $IUSV

RDA Financial Network trimmed its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 82.6% in the 4th quarter, Holdings Channel reports. The firm owned 6,186 shares of the company’s stock after selling 29,301 shares during the quarter. RDA Financial Network’s holdings in iShares Core S&P U.S. Value ETF were worth $634,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Evolution Wealth Management Inc. bought a new stake in iShares Core S&P U.S. Value ETF during the 2nd quarter valued at about $25,000. Elevation Point Wealth Partners LLC bought a new position in iShares Core S&P U.S. Value ETF in the 2nd quarter worth about $26,000. Ransom Advisory Ltd purchased a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter worth approximately $31,000. Headlands Technologies LLC increased its position 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 acquiring an additional 359 shares during the period. Finally, Mather Group LLC. bought a new stake in shares of iShares Core S&P U.S. Value ETF during the third quarter valued at approximately $46,000.

iShares Core S&P U.S. Value ETF Stock Down 0.1%

Shares of NASDAQ:IUSV opened at $101.50 on Friday. iShares Core S&P U.S. Value ETF has a 52-week low of $80.14 and a 52-week high of $108.20. The stock has a market cap of $23.43 billion, a P/E ratio of 20.41 and a beta of 0.90. The business’s 50 day moving average is $105.56 and its 200 day moving average is $102.58.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.3925 per share. The ex-dividend date is Tuesday, March 17th. This represents a $1.57 annualized dividend and a dividend yield of 1.5%.

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

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.