Robinson Smith Wealth Advisors LLC Lowers Holdings in iShares Core S&P U.S. Value ETF $IUSV

Robinson Smith Wealth Advisors LLC decreased its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 64.9% during the first quarter, Holdings Channel.com reports. The institutional investor owned 28,340 shares of the company’s stock after selling 52,425 shares during the quarter. iShares Core S&P U.S. Value ETF makes up approximately 2.0% of Robinson Smith Wealth Advisors LLC’s portfolio, making the stock its 14th biggest position. Robinson Smith Wealth Advisors LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $2,898,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IUSV. Motco purchased a new stake in iShares Core S&P U.S. Value ETF in the fourth quarter worth about $29,000. Ransom Advisory Ltd bought a new position in iShares Core S&P U.S. Value ETF during the 4th quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $35,000. Motiv8 Investments LLC purchased a new position in iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $35,000. Finally, Physician Wealth Advisors Inc. bought a new stake in shares of iShares Core S&P U.S. Value ETF in the 1st quarter valued at about $36,000.

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

Shares of IUSV opened at $111.40 on Friday. The company has a 50 day moving average price of $109.80 and a 200-day moving average price of $106.57. iShares Core S&P U.S. Value ETF has a fifty-two week low of $93.91 and a fifty-two week high of $112.48. The stock has a market capitalization of $26.93 billion, a PE ratio of 20.41 and a beta of 0.83.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.4504 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.6%. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Monday, June 15th.

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.