Sovereign Financial Group Inc. Sells 224 Shares of iShares Core S&P U.S. Value ETF $IUSV

Sovereign Financial Group Inc. cut its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 1.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,806 shares of the company’s stock after selling 224 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $1,401,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Capital A Wealth Management LLC raised its stake in shares of iShares Core S&P U.S. Value ETF by 571.7% in the first quarter. Capital A Wealth Management LLC now owns 403 shares of the company’s stock valued at $37,000 after buying an additional 343 shares during the period. Sound Income Strategies LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter valued at $40,000. Smallwood Wealth Investment Management LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter valued at $41,000. Toth Financial Advisory Corp purchased a new position in shares of iShares Core S&P U.S. Value ETF in the second quarter valued at $53,000. Finally, Flaharty Asset Management LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter valued at $57,000.

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

Shares of NASDAQ IUSV opened at $98.00 on Friday. The stock has a market cap of $22.41 billion, a PE ratio of 20.41 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a fifty-two week low of $80.14 and a fifty-two week high of $101.22. The stock has a fifty day moving average of $98.46 and a 200-day moving average of $94.00.

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

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