Valmark Advisers Inc. Decreases Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Valmark Advisers Inc. trimmed its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 5.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,687 shares of the company’s stock after selling 2,768 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $4,458,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Clarity Asset Management Inc. bought a new position in iShares Core S&P U.S. Value ETF in the second quarter worth approximately $35,000. Newbridge Financial Services Group Inc. boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 133.0% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 522 shares of the company’s stock valued at $46,000 after buying an additional 298 shares in the last quarter. Gradient Investments LLC boosted its stake in iShares Core S&P U.S. Value ETF by 1,550.0% in the second quarter. Gradient Investments LLC now owns 528 shares of the company’s stock valued at $47,000 after acquiring an additional 496 shares in the last quarter. Family Firm Inc. acquired a new position in shares of iShares Core S&P U.S. Value ETF during the second quarter worth $48,000. Finally, Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of iShares Core S&P U.S. Value ETF during the 3rd quarter valued at $48,000.

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

IUSV stock traded down $0.45 on Tuesday, hitting $95.12. 239,840 shares of the company’s stock were exchanged, compared to its average volume of 538,230. The firm has a 50 day moving average price of $94.75 and a two-hundred day moving average price of $90.93. iShares Core S&P U.S. Value ETF has a 12-month low of $71.80 and a 12-month high of $97.33. The stock has a market cap of $19.28 billion, a P/E ratio of 22.96 and a beta of 0.95.

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

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a dividend of $0.5824 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This is an increase from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44.

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.