Auto Owners Insurance Co Sells 840,200 Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Auto Owners Insurance Co lessened its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 62.1% in the first quarter, HoldingsChannel.com reports. The fund owned 513,800 shares of the company’s stock after selling 840,200 shares during the period. iShares Core S&P U.S. Value ETF comprises approximately 0.9% of Auto Owners Insurance Co’s portfolio, making the stock its 25th biggest holding. Auto Owners Insurance Co’s holdings in iShares Core S&P U.S. Value ETF were worth $47,958,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IUSV. Proficio Capital Partners LLC bought a new position in iShares Core S&P U.S. Value ETF in the 4th quarter valued at approximately $187,000. Modern Wealth Management LLC lifted its stake in iShares Core S&P U.S. Value ETF by 324.8% in the 4th quarter. Modern Wealth Management LLC now owns 99,839 shares of the company’s stock valued at $9,464,000 after purchasing an additional 76,336 shares during the last quarter. TIAA Trust National Association lifted its stake in iShares Core S&P U.S. Value ETF by 29.0% in the 4th quarter. TIAA Trust National Association now owns 7,387 shares of the company’s stock valued at $684,000 after purchasing an additional 1,659 shares during the last quarter. Potentia Wealth bought a new position in iShares Core S&P U.S. Value ETF in the 4th quarter valued at approximately $1,127,000. Finally, Financial Engines Advisors L.L.C. lifted its stake in iShares Core S&P U.S. Value ETF by 252.2% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 73,718 shares of the company’s stock valued at $6,826,000 after purchasing an additional 52,785 shares during the last quarter.

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

Shares of NASDAQ:IUSV opened at $96.45 on Wednesday. iShares Core S&P U.S. Value ETF has a one year low of $80.14 and a one year high of $100.29. The firm has a 50 day simple moving average of $93.50 and a 200 day simple moving average of $92.33. The company has a market cap of $21.36 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 firm also recently declared a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were given a $0.4318 dividend. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.42. This represents a $1.73 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend was Monday, June 16th.

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.