Modera Wealth Management LLC Reduces Stock Holdings in iShares Core S&P U.S. Value ETF $IUSV

Modera Wealth Management LLC cut its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 0.5% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 1,187,481 shares of the company’s stock after selling 6,411 shares during the period. iShares Core S&P U.S. Value ETF makes up approximately 1.5% of Modera Wealth Management LLC’s holdings, making the stock its 14th largest holding. Modera Wealth Management LLC owned about 0.50% of iShares Core S&P U.S. Value ETF worth $121,420,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Motco acquired a new stake in iShares Core S&P U.S. Value ETF in the fourth quarter valued at approximately $29,000. Ransom Advisory Ltd acquired a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter worth $31,000. Motiv8 Investments LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF during the fourth quarter worth $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter valued at $35,000. Finally, Physician Wealth Advisors Inc. purchased a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter valued at $36,000.

iShares Core S&P U.S. Value ETF Trading Down 0.5%

IUSV opened at $112.12 on Friday. The company has a fifty day simple moving average of $110.23 and a 200 day simple moving average of $106.90. The firm has a market cap of $27.13 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83. iShares Core S&P U.S. Value ETF has a twelve month low of $93.91 and a twelve month high of $113.25.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.4504 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Monday, June 15th. This is an increase from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39.

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.