US Bancorp DE Sells 1,567 Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

US Bancorp DE cut its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 1.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 91,032 shares of the company’s stock after selling 1,567 shares during the period. US Bancorp DE’s holdings in iShares Core S&P U.S. Value ETF were worth $8,233,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Mather Group LLC. purchased a new position in shares of iShares Core S&P U.S. Value ETF in the 1st quarter worth $50,000. Sanctuary Wealth Management L.L.C. purchased a new position in iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $79,000. Capital Investment Advisory Services LLC increased its position in iShares Core S&P U.S. Value ETF by 1,309.5% during the 1st quarter. Capital Investment Advisory Services LLC now owns 888 shares of the company’s stock valued at $80,000 after purchasing an additional 825 shares during the period. Scarborough Advisors LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the 4th quarter worth approximately $93,000. Finally, Assetmark Inc. grew its position in shares of iShares Core S&P U.S. Value ETF by 11.8% in the 4th quarter. Assetmark Inc. now owns 1,118 shares of the company’s stock worth $94,000 after buying an additional 118 shares during the last quarter.

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

NASDAQ:IUSV traded up $0.43 during mid-day trading on Wednesday, hitting $92.18. The company’s stock had a trading volume of 281,132 shares, compared to its average volume of 562,399. iShares Core S&P U.S. Value ETF has a 1 year low of $71.27 and a 1 year high of $92.43. The stock has a market cap of $18.25 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95. The business’s fifty day moving average is $88.67 and its two-hundred day moving average is $87.25.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a $0.4205 dividend. The ex-dividend date was Tuesday, June 11th. This represents a $1.68 dividend on an annualized basis and a yield of 1.82%.

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