iShares Core S&P U.S. Value ETF $IUSV Stake Lessened by Merit Financial Group LLC

Merit Financial Group LLC cut its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 5.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,288,487 shares of the company’s stock after selling 120,976 shares during the period. iShares Core S&P U.S. Value ETF makes up about 2.4% of Merit Financial Group LLC’s portfolio, making the stock its 4th largest holding. Merit Financial Group LLC owned 1.03% of iShares Core S&P U.S. Value ETF worth $216,559,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Simplicity Wealth LLC acquired a new stake in iShares Core S&P U.S. Value ETF in the second quarter valued at approximately $466,000. Wealthcare Advisory Partners LLC lifted its position in shares of iShares Core S&P U.S. Value ETF by 5.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 3,014 shares of the company’s stock valued at $285,000 after buying an additional 146 shares in the last quarter. USAdvisors Wealth Management LLC grew its stake in iShares Core S&P U.S. Value ETF by 1.4% in the 2nd quarter. USAdvisors Wealth Management LLC now owns 53,094 shares of the company’s stock valued at $5,025,000 after acquiring an additional 715 shares during the period. Windward Private Wealth Management Inc. increased its holdings in iShares Core S&P U.S. Value ETF by 18.6% in the 2nd quarter. Windward Private Wealth Management Inc. now owns 39,678 shares of the company’s stock worth $3,755,000 after acquiring an additional 6,223 shares in the last quarter. Finally, ZWJ Investment Counsel Inc. increased its holdings in iShares Core S&P U.S. Value ETF by 1.3% in the 2nd quarter. ZWJ Investment Counsel Inc. now owns 25,242 shares of the company’s stock worth $2,389,000 after acquiring an additional 325 shares in the last quarter.

iShares Core S&P U.S. Value ETF Stock Up 0.4%

IUSV opened at $100.62 on Friday. The firm’s fifty day simple moving average is $98.04 and its two-hundred day simple moving average is $93.74. iShares Core S&P U.S. Value ETF has a 52-week low of $80.14 and a 52-week high of $101.14. The company has a market cap of $23.02 billion, a price-to-earnings ratio of 20.41 and a beta of 0.95.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a $0.4714 dividend. This represents a $1.89 annualized dividend and a yield of 1.9%. The ex-dividend date was Tuesday, September 16th. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43.

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.