ICONIQ Capital LLC Trims Stock Holdings in iShares Core S&P U.S. Value ETF $IUSV

ICONIQ Capital LLC reduced its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 49.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,434 shares of the company’s stock after selling 42,408 shares during the quarter. ICONIQ Capital LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $4,784,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Prudent Investors Network Inc. raised its position in iShares Core S&P U.S. Value ETF by 1.7% in the 4th quarter. Prudent Investors Network Inc. now owns 5,673 shares of the company’s stock valued at $582,000 after purchasing an additional 96 shares during the last quarter. CBIZ Investment Advisory Services LLC increased its stake in iShares Core S&P U.S. Value ETF by 8.1% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 1,329 shares of the company’s stock valued at $136,000 after purchasing an additional 100 shares during the period. Litman Gregory Wealth Management LLC raised its holdings in shares of iShares Core S&P U.S. Value ETF by 0.8% in the fourth quarter. Litman Gregory Wealth Management LLC now owns 13,253 shares of the company’s stock valued at $1,359,000 after buying an additional 100 shares during the last quarter. Parallel Advisors LLC increased its position in iShares Core S&P U.S. Value ETF by 2.1% in the 4th quarter. Parallel Advisors LLC now owns 4,861 shares of the company’s stock valued at $499,000 after acquiring an additional 101 shares during the period. Finally, Intrua Financial LLC grew its stake in shares of iShares Core S&P U.S. Value ETF by 2.8% in the 1st quarter. Intrua Financial LLC now owns 3,681 shares of the company’s stock valued at $376,000 after purchasing an additional 101 shares during the last quarter.

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

NASDAQ:IUSV opened at $114.89 on Monday. The firm has a market cap of $27.81 billion, a P/E ratio of 20.41 and a beta of 0.83. The stock’s 50 day simple moving average is $112.70 and its 200-day simple moving average is $108.79. iShares Core S&P U.S. Value ETF has a 12-month low of $97.64 and a 12-month high of $116.19.

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

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

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.