Wealth Enhancement Advisory Services LLC Has $44.44 Million Stock Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Wealth Enhancement Advisory Services LLC decreased its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 57.1% during the 1st quarter, HoldingsChannel reports. The fund owned 491,376 shares of the company’s stock after selling 653,869 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $44,440,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IUSV. Signaturefd LLC lifted its position in iShares Core S&P U.S. Value ETF by 4.9% in the fourth quarter. Signaturefd LLC now owns 4,218,026 shares of the company’s stock worth $355,706,000 after purchasing an additional 196,239 shares during the period. Aspiriant LLC lifted its position in iShares Core S&P U.S. Value ETF by 13.5% in the first quarter. Aspiriant LLC now owns 2,755,107 shares of the company’s stock worth $249,174,000 after purchasing an additional 328,238 shares during the period. Jones Financial Companies Lllp lifted its position in iShares Core S&P U.S. Value ETF by 14.5% in the fourth quarter. Jones Financial Companies Lllp now owns 2,730,186 shares of the company’s stock worth $230,237,000 after purchasing an additional 345,707 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 4.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,853,571 shares of the company’s stock valued at $156,312,000 after acquiring an additional 75,649 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 1.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,387,164 shares of the company’s stock valued at $116,980,000 after acquiring an additional 18,419 shares during the period.

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

Shares of NASDAQ IUSV opened at $87.94 on Friday. The stock has a market cap of $16.94 billion, a PE ratio of 22.96 and a beta of 0.95. The business has a fifty day moving average of $88.27 and a two-hundred day moving average of $86.74. iShares Core S&P U.S. Value ETF has a 52-week low of $71.27 and a 52-week high of $90.64.

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

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a dividend of $0.4205 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.91%.

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.