Modern Wealth Management LLC Lowers Position in iShares Core S&P U.S. Value ETF $IUSV

Modern Wealth Management LLC decreased its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 52.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,407 shares of the company’s stock after selling 61,973 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $5,538,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Aspiriant LLC increased its stake in shares of iShares Core S&P U.S. Value ETF by 0.7% in the 3rd quarter. Aspiriant LLC now owns 3,600,340 shares of the company’s stock valued at $359,854,000 after purchasing an additional 24,162 shares in the last quarter. Canandaigua National Bank & Trust Co. increased its position in shares of iShares Core S&P U.S. Value ETF by 2.2% in the third quarter. Canandaigua National Bank & Trust Co. now owns 837,230 shares of the company’s stock valued at $83,681,000 after buying an additional 18,233 shares in the last quarter. Avantax Advisory Services Inc. raised its stake in shares of iShares Core S&P U.S. Value ETF by 1.9% during the 2nd quarter. Avantax Advisory Services Inc. now owns 317,175 shares of the company’s stock worth $30,014,000 after buying an additional 5,979 shares during the period. 17 Capital Partners LLC raised its stake in shares of iShares Core S&P U.S. Value ETF by 1.8% during the 2nd quarter. 17 Capital Partners LLC now owns 29,603 shares of the company’s stock worth $2,801,000 after buying an additional 521 shares during the period. Finally, Burk Holdings LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF during the 2nd quarter valued at approximately $437,000.

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

Shares of NASDAQ IUSV opened at $104.62 on Friday. The firm has a fifty day moving average of $105.65 and a 200 day moving average of $102.31. The firm has a market cap of $24.15 billion, a PE ratio of 20.41 and a beta of 0.90. iShares Core S&P U.S. Value ETF has a one year low of $80.14 and a one year high of $108.20.

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

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a dividend of $0.5515 per share. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47. This represents a $2.21 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, December 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.